Yes Bank admin cannot write down AT1 bonds: Axis Trustee in Supreme Court (Soban News)

The Supreme Court began hearing arguments on whether Yes Bank’s 2020 write-off of ₹8,400 crore AT1 bonds was legally valid, a ruling that could reshape future bank resolutions​The Supreme Court began hearing arguments on whether Yes Bank’s 2020 write-off of ₹8,400 crore AT1 bonds was legally valid, a ruling that could reshape future bank resolutions ​Latest News [ SOBAN NEWS: International and National ]