Yes Bank flags capital hit as SC upholds AT-1 bond reinstatement
Yes Bank flags capital hit as SC upholds AT-1 bond reinstatement
Via mint
A day after the Supreme Court quashed the March 2020 write-off of Yes Bank’s ₹8,415 crore additional Tier-I (AT-1) bonds, the private lender said the decision is expected to erode its common equity tier-I (CET1) capital ratio by 250 basis points, including profits, as of 30 June 2026.However, the bank’s overall tier-1 capital ratio is expected to remain unchanged at 14%, Yes Bank said in a release on Friday.CET1 capital is a bank's highest-quality, core regulatory capital that absorbs financial…
Courtesy
This story was originally published by mint. All rights belong to the original publisher.
Read the original on livemint.com ↗
