15-Oct-2026      18:32

YES BANK’s AT-1 bond write-down appeals judgment delivered by India’s Supreme Court

YES BANK Limited informed the Bombay Stock Exchange that the Hon’ble Supreme Court of India has pronounced its judgment on appeals concerning the write-down of Rs 8,415 crore of Additional Tier-1 Bonds undertaken in March 2020, following judicial proceedings initiated by Axis Trustee Services Limited on behalf of the AT-1 bondholders; the bank is in the process of examining the final order copy of the judgment and will make further disclosures as required.

News source: Capital Market - Live News