RegulatoryBusinessLine
Yes Bank bondholders press for Supreme Court compliance
Negative-622 sources
GreyOak summary
Yes Bank bondholders filed a contempt petition in the Supreme Court demanding the lender comply with an order to restore ₹8400 crore in AT-1 bonds. The Supreme Court upheld a 2023 ruling that set aside the bank's previous write-off of these bonds. The trustee alleged non-compliance by the bank and officials, seeking court directions to enforce the judgment.
What it affects
- Yes BankYESBANKNegative -62
Bondholders filed contempt petition over non-compliance.Rolling sentiment Negative -38
Source
Read the original at BusinessLineMore Yes Bank news
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