Moody’s Upgrades Yes Bank Rating to Ba2, Outlook Stable

Moody's, a company that rates how trustworthy banks are, has given Yes Bank a better rating.

This means Moody's thinks Yes Bank is doing better with its money.

They upgraded Yes Bank from Ba3 to Ba2.

They also think Yes Bank will stay stable.

This upgrade happened because the bank has gotten better at handling money, like having more reserves and making a profit.

Although Yes Bank is doing better, it's not as profitable as other banks in India.

Shares of Yes Bank also fell a bit in the market.