YES Bank seeks Supreme Court review of ruling on 8,415 crore AT-1 write-down
FROM THE WIRE · BUSINESS-STANDARD.COM
Supreme Court review petition challenges the October 15 ruling overturning YES Bank's ₹8,415 crore AT-1 bond write-down, with potential implications for its capital position
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA dispute over an AT-1 bond write-down may affect the bank's capital position.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01YES Bank has filed a review petition with the Supreme Court.
- 02The petition challenges the October 15 ruling that overturned the 8,415 crore write-down.
- 03The outcome could have implications for the bank's capital position.