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Yes Bank's AT-1 Bond Woes: JPMorgan Cuts Target Price By 38%, Warns Of Further 10-11% Earnings Hit
JPMorgan estimates an adverse impact of Rs 1,820 crore on the bank's FY27 profit and loss account, alongside a decline of around 240 basis points in its Common Equity Tier-1 (CET-1) capital ratio to approximately 11.4%.
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