15-Oct-2026 15:01:15
YES Bank Faces Potential ₹8,415 Crore Liability as Supreme Court Cancels AT1 Bond Write-Off
YES Bank shares came under pressure after the Supreme Court upheld a ruling cancelling the bank’s 2020 write-off of ₹8,415 crore in Additional Tier-1 (AT1) bonds. The decision could revive claims from investors whose bonds were wiped out during the bank’s rescue. Sammaan Capital may seek recovery of around ₹662 crore linked to its holdings. However, repayment is not automatic, and the ruling’s final financial impact will depend on implementation and further legal proceedings.