YES Bank files review petition in SC over ₹8,415 crore AT-1 bond write-down
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…
Attributed summary
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.
Read the original report — Livemint
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