business

Expectation of stable outlook by S&P warranted: Yes Bank

The expectation of a stable outlook was warranted, perhaps as this has been work-in-progress since September 2012, says Shubhada Rao, president & chief economist, Yes Bank, reacting to Standard & Poor‘s affirmation its ‘triple B minus‘ long-term and ‘A-3‘ short-term unsolicited sovereign credit ratings on India.

first published: May 17, 2013 10:17 pm