Yes Bank updates on SC order relating to write-down of ATI bonds of Rs 8,415 crore
India, Oct. 16 -- Yes Bank announced that the Hon'ble Supreme Court of India on 15 October 2026, has delivered its judgment in the proceedings relating to the write-down of Additional Tier-1 Bonds (AT1 Bonds) aggregating to Rs 8,415 crore, undertaken in March 2020 in connection with the reconstruction of YES BANK (Bank).In this regard, the Bank would like to submit that the Hon'ble Supreme Court has upheld the judgment dated January 20, 2023, passed by the Hon'ble Bombay High Court and consequently dismissed the appeals filed by the Bank, Reserve Bank of India and Union of India.The Bank respects the judgment of the Hon'ble Supreme Court. The Bank is examining the judgement in detail including evaluating all available legal options and suit...
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