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YES Bank seeks SC review of AT-1 bond ruling

Negative-983 sources

GreyOak summary

YES Bank filed a review petition with the Supreme Court challenging an October 15 judgment that upheld the write-down of its ₹8,415 crore AT-1 bonds. The bank noted reinstating the principal could impact its CET1 capital ratio by approximately 250 basis points.

What it affects

  • Yes BankYESBANKNegative -98

    Seeks SC review of bond write-down ruling.Rolling sentiment Negative -44

Source

Read the original at Business Standard

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