Yes Bank Limited — Credit Ratings, 14-08-2026: Credit Rating- Revision

India Ratings (Ind-Ra) has upgraded Yes Bank's Issuer, Infrastructure, and Basel III Tier 2 bonds to 'IND AA+/Stable' from 'IND AA-/Stable'. This positive move reflects the bank's strengthened credit profile, driven by improved profitability, better asset quality, and strategic investment from Sumitomo Mitsui Banking Corporation (SMBC). Stronger granular retail/SME segments also supported.