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    India Supreme Court rules Yes Bank's AT1 bond write-off illegal

    Picture of Yes Bank logoYes Bank
    15/10/2026 10:00
    India Supreme Court rules Yes Bank's AT1 bond write-off illegal
    BENGALURU, Oct 15 (Reuters) - India's Supreme Court has ruled the write-off of 84 billion Indian rupees ($884.47 million) of Yes Bank YESB.NS  additional tier-1 bonds as illegal, a lawyer said on Thursday.

    ($1 = 94.9725 Indian rupees)

     (Reporting by Nishit Navin in Bengaluru; Editing by Leroy Leo)
     ((Nishit.Navin@thomsonreuters.com;))

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