Banking News
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Source: Economic Times
Economic Times
Source
Earnings & Results
Category
4 min
Read time
18 Oct
Published
Earnings & Results
4 min read· Economic TimesSumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 crore
Yes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would drop significantly if the Supreme Court's decision is fully implemented. Investors are concerned as mutual funds pause investments in the bank's AT1 bonds. Yes Bank is assessing th…
Yes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would drop significantly if the Supreme Court's decision is fully implemented. Investors are concerned as mutual funds pause investments in the bank's AT1 bonds. Yes Bank is assessing th
Source: Economic Times