November 19, 2018 / 9:14 AM / 6 months ago

BUZZ-India's Yes Bank rises as ICRA retains long-term issuer rating

** Shares in Yes Bank Ltd surge as much as 7.6 pct to 205.45 rupees, their biggest intraday pct gain since Nov 1

** Credit rating agency ICRA retained its overall long-term issuer ratings for the lender at AA+, with a rating ‘watch’ with developing negative implications, Yes Bank said in a filing on Saturday

** ICRA takes note that there has been no adverse impact on the lender’s deposit base and liquidity profile, post recent developments, the filing said

** Shares down 39.4 pct this year as of last close

** More than 52.4 mln shares traded vs 30-day avg of about 45.8 mln by 0857 GMT

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