YES Bank files review petition in SC over ₹8,415 crore AT-1 bond write-down
· livemint.com
In its 15 October ruling, the Supreme Court dismissed appeals by YES Bank, the Reserve Bank of India (RBI) and the Centre, upholding a Bombay High Court order that held that the bank’s administrator had no authority to write down the bonds as part of the lender’s 2020 rescue.
Mumbai: YES Bank has asked the Supreme Court to review its 15 October order upholding a Bombay High Court ruling against the write-down of ₹8,415 crore of add...