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Source: Economic Times

Economic Times
Source
RBI & Policy
Category
4 min
Read time
16 Oct
Published
RBI & Policy
4 min read· Economic Times

Yes Bank weighs next steps after SC upholds verdict on AT-1 bond write-down

Yes Bank is examining the Supreme Court ruling regarding the write-down of Additional Tier-1 bonds. The Supreme Court upheld a prior Bombay High Court decision that quashed the bank's March 2020 action. Following the judgment, the bank is considering its legal options and future steps. The Reserve Bank of India and Yes…

Yes Bank is examining the Supreme Court ruling regarding the write-down of Additional Tier-1 bonds. The Supreme Court upheld a prior Bombay High Court decision that quashed the bank's March 2020 action. Following the judgment, the bank is considering its legal options and future steps. The Reserve Bank of India and Yes

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Source: Economic Times