Yes Bank CET1 Ratio Faces 250-Basis-Point Hit After AT1 Ruling
Yes Bank said reinstating ₹8,415 crore of AT1 bond principal following the Supreme Court ruling would have a pro forma impact on its CET1 ratio.
Following the Supreme Court upholding the 2023 Bombay High Court judgment quashing the write-down of Additional Tier (AT)-1 Bonds aggregating ₹8,415 crore by Yes Bank, the Bank said the pro forma impact of reinstatement of these Bonds’ principal amount on Common Equity Tier (CET) 1 Ratio (including…