YES Bank files SC review plea over AT-1 bonds: What does it mean for investors after stock's 15% rebound?
New Delhi, Nov. 13 -- aimeShares of YES Bank are likely to remain in focus on Monday after the private sector lender approached the Supreme Court seeking a review of its October 15 judgment concerning the write-down of Additional Tier-1 (AT-1) bonds worth Rs.8,415 crore, reopening a legal battle over the controversial financial instruments.
In a regulatory filing on Friday, the lender said it had filed a review petition under Article 137 of the Constitution of India, seeking a review of the Supreme Court's judgment and order dated October 15, 2026.
The review petition comes days after Axis Trustee Services, acting on behalf of bondholders, filed a contempt petition in the Supreme Court, alleging that the lender had failed to provide a "...
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