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.
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