Yes Bank Shares Nosedive 20% After SC Declares Rs 8,415 Crore AT-1 Bond Write-Off Illegal

India Supreme Court Reverses Yes Bank AT1 Bond Write-Off, Shares Slide ...

Yes Bank shares nosedive 20% after SC declares Rs 8,415 crore AT-1 bond write-off illegal

In a pivotal decision, India's Supreme Court declared that the write-off of Yes Bank's 84 billion rupee AT-1 bonds is unlawful, causing a steep decline in Yes Bank shares. The ruling offers solace to bondholders, who successfully argued that their investments were misrepresented. This landmark decision raises critical questions about regulatory practices and bondholder rights, potentially reshaping market attitudes toward similar financial instr…

Supreme Court rules YES Bank's AT1 bond write-off illegal

Supreme Court rules YES Bank AT1 bond write-off illegal, protecting holders of 84 billion rupees in bonds.

Sharp and immediate fall! Yes Bank share price crash 10% after SC ruling on ₹8,415 crore AT-1 bond write-off

Yes Bank shares witnessed sharp selling after the Supreme Court's ruling to quash ₹8,415 crore AT-1 bond

SC strikes down Yes Bank's Rs 8,400-crore AT-1 bond write-off, lender's shares crash 15%

The apex court upheld Bombay HC decision quashing write-off of Rs 8,400-crore AT-1 bonds