Supreme Court Upholds Ruling Quashing Yes Bank’s AT-1 Bond Write-Off
The Supreme Court upheld a Bombay High Court ruling quashing Yes Bank’s 2020 write-off of AT-1 bonds worth Rs. 8,415 crore.
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BUZZ — India's Yes Bank slumps to six month low after Supreme Court ruling on AT1 bonds
(Updates) * Shares of India's Yes Bank fall 13.8% to 18.28 rupees, their lowest level since April 2026 * Stock drops after Supreme Court upholds Bombay High Court ruling quashing write-off of 84 billion rupees ($884.47 million)worth of company's additional tier-1 (AT1) bonds * Supreme Court holds write-off of AT1 bonds
BUZZ — India's Yes Bank slumps after Supreme Court ruling on AT1 bonds
* Shares of India's Yes Bank fall 10% to 19.08 rupees * Stock drops after Supreme Court upholds Bombay High Court ruling quashing write-off of 84 billion rupees ($884.47 million)worth of company's additional tier-1 (AT1) bonds * Supreme Court holds write-off of AT1 bonds by Yes Bank's administrator illegal and arbitrar