BUZZ — India's Yes Bank falls more than 17% over two days after AT1 bond ruling

* Shares of Yes Bank fall 2.1% to 17.7 rupees * Stock down 17.2% over two trading sessions * India's Supreme Court upheld on October 15 a Bombay High Court ruling quashing write-off of 84 billion rupees ($884.47 million) worth of company's additional tier-1 bonds * Court holds write-off of AT1 bonds by Yes Bank's administrator illegal and arbitrary as it violated government's final reconstruction scheme, according to lawyer representing the bondholders * Global ratings firm S&P says Yes Bank’s credit profile can withstand the ruling, which addresses procedural lapses in the write-down under the 2020 rescue * Stock rated as "Sell" on average by 13 analysts; median PT at 21 rupees --LSEG-compiled data * YTD, stock down 18.6% (Reporting by Mridula Kumar in Bengaluru) ((mailto:Mridula.Kumar@thomsonreuters.com;)