Yes Bank weighs capital options after AT1 verdict
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Yes Bank is recalibrating its capital strategies in response to the Supreme Courts ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling may lower the banks CET1 capital ratio by approximately 240 basis points, thus influencing its growth initiatives. Management is…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe verdict could lower the bank's CET1 ratio by about 240 basis points.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Supreme Court reinstated Rs 8,415 crore of AT1 bonds.
- 02CET1 could fall by roughly 240 basis points.
- 03Management is still reviewing potential coupon payment duties.