From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 crore
RSS excerpt
Yes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would drop significantly if the Supreme Court's decision is fully implemented. Investors are concerned as mutual funds pause investments in the bank's AT1 bonds. Yes…