From The Tribune
Center Owned by The Tribune TrustSC ruling on Yes Bank’s AT1 bonds to impact capital ratio, profitability: Moody’s
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The Supreme Court’s ruling on Yes Bank’s additional tier 1 (AT1) bonds is expected to impact the lender’s capital ratio and profitability, with its Common Equity Tier 1 (CET1) capital ratio projected to decline to 11.4 per cent from 13.7 per cent, according to Moody’s Ratings.