15-Oct-2026 17:29:56
YESBANKGeneral news
YES BANK : CLARIFIES ON AT-1 BOND WRITE-OFF AFTER SUPREME COURT RULING
• Bank says Supreme Court pronounced its judgment on 15 October 2026 in appeals against the Bombay High Court order of 20 January 2023 • Matter relates to write-down of Additional Tier-1 bonds aggregating ₹8,415 Cr undertaken in March 2020 • Bombay HC had set aside the write-down; Supreme Court extended the stay subject to final orders • Bank is obtaining and examining the final order copy and its implications, and will make further disclosure as required • Bank says it is not aware of any undisclosed information that could explain the movement in its securities
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