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MARKETS 49m ago

Yes Bank AT1 Bonds: Why the Supreme Court Reversed the ₹8,415 Crore Write-Down

Economic Times Markets
Published 23 Oct 2026, 01:29 am IST
The Economic TimesET Markets

Business News›Markets›Stocks›News›Yes Bank AT1 Bonds: Why the Supreme Court Reversed the ₹8,415 Crore Write-Down

Yes Bank AT1 Bonds: Why the Supreme Court Reversed the ₹8,415 Crore Write-Down

The Supreme Court has upheld the decision to set aside Yes Bank’s 2020 write-down of ₹8,415 crore in AT1 bonds. Why did the Court rule that the write-down was unlawful, even though these bonds are designed to absorb losses when a bank is in trouble? Anirban Chowdhury speaks to Sugata Ghosh.

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Originally reported by Economic Times Markets.Source: economictimes.indiatimes.com