16-Oct-2026 08:44:27
YESBANKGeneral news
YES BANK : SUPREME COURT UPHOLDS SETTING ASIDE OF RS 8,415 CR AT1 BOND WRITE-DOWN
• Supreme Court on Oct 15, 2026 upheld Bombay HC judgment setting aside March 2020 write-down of AT1 bonds aggregating ₹8,415 Cr • Appeals filed by Yes Bank, RBI and Union of India dismissed; interim orders vacated • Pro-forma impact of reinstatement of AT1 bonds principal on CET1 ratio (including profits) as on June 30, 2026 expected ~250 bps • Tier1 ratio on pro-forma basis to remain unimpacted at 14.0% • Annual coupon payments to remain unaffected and must be made per Information Memoranda • Bank examining judgment in detail and evaluating legal options; has access to capital-management levers
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