Moody's lowers Yes Bank's foreign-currency issuer rating
The rating downgrade took into account the lower than expected amount of capital raised by the bank recently, and the risk that the substantial decline in the bank's share price will challenge its ability to raise sufficient capital to maintain its rating at its previous level.
The rating downgrade took into account the lower than expected amount of capital raised by the bank recently, and the risk that the substantial decline in the bank's share price will challenge its ability to raise sufficient capital to maintain its rating at its previous level.
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