Should You Go Long On Yes Bank Shares? Here's What Experts Say | Ask Profit

Описание: Yes Bank Shares News: Shares of Yes Bank Ltd. surged over 8% on Thursday after Moody's upgraded their outlook to 'positive' from 'stable' while affirming the bank's credit ratings at 'Ba3'. The rating agency anticipates an upgrade in the stock's rating due to the private lender's improving creditworthiness. "The outlook change reflects our expectation that a gradual improvement in Yes Bank's depositor base and lending franchise will help improve its core profitability over the next 12–18 months," Moody's said in a note.


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