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Yes Bank flags capital hit as SC upholds AT-1 bond reinstatement

Yes Bank flags capital hit as SC upholds AT-1 bond reinstatement

·Excerpt
Yes Bank flags capital hit as SC upholds AT-1 bond reinstatement
Image: Yes Bank said that it was reviewing the Supreme Court’s 15 October judgment.(REUTERS)

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…

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