Yes Bank weighs capital options after AT1 verdict, coupon liability remains uncertain
· economictimes.indiatimes.com
Yes Bank is recalibrating its capital strategies in response to the Supreme Courts ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling may lower the banks CET1 capital ratio by approximately 240 basis points, thus influencing its growth initiatives. Management is still reviewing potential payment duties spurred by the verdict.
Synopsis
Yes Bank is recalibrating its capital strategies in response to the Supreme Court’s ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling...