13-Nov-2026Today's Market Indicators

Yes Bank Ltd announced rating actions from Japan Credit Rating Agency Ltd (JCR) and Rating and Investment Information, Inc. (R&I), alongside reaffirmations from CRISIL. JCR assigned a Foreign Currency Long-term Issuer Rating of A- with a Stable Outlook, and an Overall Financial Health rating indicating an Improving Trend, while also noting that the Foreign Currency Long-term Issuer Rating is constrained by India's sovereign rating. Rating and Investment Information, Inc. (R&I) assigned a Foreign & Domestic Currency Issuer Rating of BBB+ with a Stable Outlook, and a Foreign Currency Issuer Rating of BBB+ with a Stable outlook, as well as a Domestic Currency Issuer Rating of BBB+ with a Stable outlook. JCR further noted that AT1 bonds face an "Invalid write-down" due to a Supreme Court ruling in October 2026, and that the CET1 ratio is estimated to decline from 13.7% to 11.4% by FY2026. CRISIL reaffirmed a Long-term bank loan facility rating of INR 1000 crore at BBB+ (Stable).