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Yes Bank May Face ₹5,400 Crore Earnings Hit After SC order Quashes ₹8,415 Crore AT1 Bond Write-Off

Yes Bank May Face ₹5,400 Crore Earnings Hit After SC order Quashes ₹8,415 Crore AT1 Bond Write-Off
Photo: Free Press Journal · view original

Yes Bank could face a one-time earnings impact of ₹5,300 crore to ₹5,400 crore following the Supreme Court's decision to invalidate the write-off of Additional Tier-1 (AT1) bonds worth ₹8,415 crore. According to a report by CNBC-TV18, which cited officials familiar with the matter, the Mumbai-bas...

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