New Delhi, Oct. 15 -- Yes Bank share price witnessed sharp selling during the Closing Bell session. In a span of a few minutes, Yes Bank shares crashed from Rs.21.25 apiece on the NSE to Rs.19.08. Yes Bank shares came under selling pressure after the Supreme Court quashed the Rs.8,415 crore AT-1 bond write-off.

In a setback to private lender Yes Bank, the Supreme Court on Thursday upheld the Bombay High Court's judgment quashing the bank's Rs.8,415 crore AT-1 bond write-off.

Speaking on the reason for the sharp correction in Yes Bank shares, Anuj Gupta, a SEBI-registered market expert, said, "Yes Bank shares are nosediving after the Supreme Court's ruling on its AT-1 bond write-off. The Apex Court of India has quashed the Rs.8,415 crore...