India Supreme Court Upholds Order Quashing Yes Bank AT-1 Write-Off
The Supreme Court upheld the Bombay High Court’s 2023 judgment quashing Yes Bank’s March 14, 2020 decision to write down ₹8,415 crore of Basel III-compliant AT-1 bonds.
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India Supreme Court Upholds Order Quashing Yes Bank AT-1 Bond Write-Off
The Supreme Court upheld the Bombay High Court judgment quashing Yes Bank’s Rs.8,415 crore AT-1 bond write-off.