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BT Explainer: What the SC verdict on Yes Bank’s AT-1 bonds means for the lender and will it alter AT1 bonds as such?

Source: Business Today

The Supreme Court on Thursday ordered the restoration of Yes Bank’s Additional Tier-1 (AT-1) bonds, which the lender has said will impact its CET-1 capital ratio by 250 bps, including profits.

Attribution

This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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