The Economic Times

AT-1 case: Yes Bank does not expect material financial impact from Supreme Court ruling

The Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on the horizon. This case follows the bank's dramatic near-collapse back in 2020, leading to an aggressive write-down of 8,415 crore in bonds, sparking a flurry of legal action from aggrieved investors.