ICRA upgrades Yes Bank bonds to AA/Stable from AA-

Rating UpgradedCredit & Debt View source PDF Explain this filing

YESBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.3%Reaction day

₹23.67

prior close

₹23.90

announcement price

After-mkt

timing

Nifty Midcap 150market+1.4%-0.1% vs market

Private Sector Bank peers, median of 19sector+1.6%-0.4% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Midcap 150 and 0.4 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

+0.0

15m

-0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+1.4-0.1+1.6-0.4

Next day

+0.5+1.4-0.9+2.5-2.1

-0.3+0.9-1.2+1.3-1.6

-0.3+1.3-1.6+2.2-2.6

+0.3+0.9-0.6+1.7-1.3

-0.6+0.5-1.1+2.1-2.6

-1.9+1.4-3.3+4.3-6.2

15d

-3.8+1.2-5.0+1.5-5.3

-3.9+2.7-6.6+0.9-4.8

-5.8+0.2-6.0+0.1-5.8

-13.6-5.4-8.2+0.1-13.7

UpDownMarket · Nifty Midcap 150Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ICRA upgraded Yes Bank's Infrastructure Bonds and Basel III Tier II Bonds from AA-/Stable to AA/Stable, citing improved financial profile, better asset quality (GNPAs at 1.3%, down from 1.6%), and SMBC's 24.9% stake acquisition. PAT rose to Rs 3,476 crore in FY26 from Rs 2,406 crore. Tier I bonds retained at D as they were already written off. Total rated amount stands at Rs 20,800.8 crore.

Likely market impact

Positive for shareholders. Rating upgrade reflects stronger credit profile and may lower future borrowing costs for the bank.