Company updateBusiness Today
'Capital buffer will narrow': Japan Credit Rating Agency shares views on YES Bank
Positive+19
GreyOak summary
Japan Credit Rating Agency assigned A- and BBB+ ratings to YES Bank. The bank's CET1 ratio is 13.9% but expected to drop to 11.4% due to Supreme Court rulings on AT1 bonds. JCR expects gradual capital restoration through retained earnings.
What it affects
- Yes BankYESBANKPositive +19
Capital buffer expected to narrow slightly.Rolling sentiment Negative -31
Source
Read the original at Business TodayMore Yes Bank news
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