Yes Bank Limited — Credit Ratings, 05-08-2026: Credit Rating- Revision

CRISIL upgraded YES Bank's Infrastructure Bonds and Basel III Tier II Bonds to AA+/Stable from AA-/Stable. Its Certificate of Deposits rating was reaffirmed at A1+. This upgrade reflects Yes Bank's improved credit profile and expected strong support from its largest shareholder, SMBC, alongside consistent profitability gains and robust capital.