Supreme Court upholds Bombay HC ruling quashing YES Bank’s Rs 8,415 crore AT1 bond write-off

The Supreme Court has confirmed the Bombay High Court’s verdict that invalidated YES Bank’s write-off of AT1 bonds totaling Rs 8,415 crore, part of a March 2020 restructuring plan. Investors, both institutional and retail, took their grievances to the High Court, leading to YES Bank, the RBI, and…

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