RegulatoryMint
YES Bank files SC review plea over AT-1 bonds
Negative-663 sources
GreyOak summary
YES Bank filed a review petition in the Supreme Court challenging the October 15 judgment regarding the write-down of ₹8,415 crore in AT-1 bonds. This legal move follows a 15% stock rebound after the shares had fallen 28% in October. The bank faces pressure on its CET1 capital ratio if bonds are reinstated.
What it affects
- Yes BankYESBANKNegative -66
Filed SC review plea over AT-1 bond write-down.Rolling sentiment Negative -52
Source
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