YES Bank files SC review plea over AT-1 bonds: What does it mean for investors after stock's 15% rebound?
60-Word AI Digest
YES Bank has asked the Supreme Court to review its October 15 ruling against the write-down of ₹8,415 crore in AT-1 bonds. The move follows a bondholders’ trustee’s contempt petition seeking restoration of the bonds. The ruling has weighed on the bank’s capital outlook and share price.
Key Takeaways
- YES Bank has asked the Supreme Court to review its October 15 ruling against the write-down of ₹8,415 crore in AT-1 bonds.
- The move follows a bondholders’ trustee’s contempt petition seeking restoration of the bonds.
- The ruling has weighed on the bank’s capital outlook and share price.
YES Bank has asked the Supreme Court to review its October 15 ruling against the write-down of ₹8,415 crore in AT-1 bonds. The move follows a bondholders’ trustee’s contempt petition seeking restoration of the bonds. The ruling has weighed on the bank’s capital outlook and share price.
Original Publisher Attribution
This summary was curated from Livemint.