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Saturday, Feb 19, 2005

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Money & Banking - Credit Rating


Yes Bank's CD programme gets A1+ rating

Our Bureau

Mumbai , Feb. 18

YES Bank has obtained an A1+ Rating from ICRA for Tranche III of its Certificate of Deposit Programme. While the size of the total deposit programme is Rs 500 crore, the size of Tranche III is Rs 200 crore.

This is the third consecutive A1+ rating received by Yes Bank under ICRA's short-term rating scale for debt instruments with original maturity within one year.

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