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YES Bank Shares Crash 14% To Rs 18.22, Rs 15,600 Crore AT1 Bond Payout May Hit 25% Of Net Worth

YES Bank Shares Crash 14% To Rs 18.22, Rs 15,600 Crore AT1 Bond Payout May Hit 25% Of Net Worth
Photo: Free Press Journal · view original

Mumbai: YES Bank shares plunged 14.06 percent on Thursday, falling Rs 2.98 to Rs 18.22 at 3:15 PM IST, amid concerns over a possible Rs 15,600 crore liability linked to Additional Tier-1 (AT1) bonds. The sharp fall followed the Supreme Court's decision upholding the Bombay High Court ruling that...

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