DynamicLevels
DynamicLevels
19 Jul 2016
Yes Bank Maintains its Stable Rating
Dynamic Levels
On Monday rating agency Moody's said that YES Bank's baseline credit assessment of Ba1 points out potential weaknesses in funding and liquidity profile. This led to the opening of Yes Bank share price with a drop of 1%. The private sector lender had maintained a sufficient loans-to-customer deposit ratio of 95% at the end of March 2016. But it has the higher dependency on corporate deposits in comparison to its peers. Moody's said in its credit opinion update that the rating
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