Global rating agency Moody’s Investors Service has assigned a Baa3 investment grade rating to Bajaj Finance Ltd (BFL) for the first time, with a stable outlook.
Yes Bank has hit upper circuit after reports of LIC raising stake in the private sector lender. After facing months of uncertainty and troubles, Yes Bank has finally seen positive news.
Moody’s Investors Service has upgraded its ratings for Yes Bank’s long term foreign-currency issuer ratings to B3 from Caa1. And the outlook for Yes Bank has been changed to stable from positive.
