Finance After its parent Moody's, now Icra downgrades Yes Bank Updated : November 29, 2018 08:34 AM IST "The rating downgrade considers the series of resignations from the board of directors, which raises concerns on corporate governance at the bank," Icra said in a late evening note on Wednesday. The agency had placed the bank on rating watch earlier this month and had said the resignations--there were three so far would impede the bank's ability to raise capital. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.