Yes Bank hit by rating downgrade, stock slumps to over 5%

Yes Bank stock slumps over 5 pc on ratings downgrade Yes Bank shares tumbled over 5 per cent in morning deals on Friday, hit by ratings downgrade by Moody’s Investors Service. The lender’s shares were trading at 58.75 apiece, down 5.39 per cent on the BSE. Likewise, the stock dived 5.23 per cent to Rs…