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Ahead of fundraising plan, Moody's shocker for Yes Bank

Updated : December 06, 2019 04:57 PM IST

Moody's cut its long-term foreign currency issuer rating to 'B2' from 'Ba3' on Thursday with a negative outlook
The agency said the bank's pool of potential stressed assets and low loss-absorbing buffers against those assets will add more pressure to its funding and liquidity
Ahead of fundraising plan, Moody's shocker for Yes Bank
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