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- Important
- Financial Update
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- JV/Acquisition
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S&P Global Ratings has assigned Yes Bank an Issuer Credit Rating of 'BB+' (Long Term) and 'B' (Short Term) with a Stable outlook. This first-time rating reflects expected extraordinary support from Sumitomo Mitsui Banking Corp. (SMBC), given its significant stake and strategic importance. Yes Bank is also projected to gradually improve profitability, asset quality, and funding.