Yes Bank AT-1 Bonds: Supreme Court Ruling Under Review
Yes Bank Ltd is reviewing a judgment from the Hon'ble Supreme Court of India concerning its Additional Tier-1 (AT-1) Bonds. The bank previously disclosed its examination of the judgment on October 15, 16, and 18, 2026. While assessing all available options and potential actions, Yes Bank confirmed its right to exercise coupon discretion on these bonds as per their terms. The bank has also received inquiries from bondholders regarding coupon payments. The coupon payment date for the 9% YBL AT-1 Bonds was October 18, 2026. Yes Bank will announce its decision on coupon discretion after completing its evaluation, with further disclosures to follow. The bank assures that its daily operations and customer services remain unaffected.
Key Highlights
- Supreme Court judgment on AT-1 Bonds is under review by Yes Bank.
- Bank retains the right to exercise coupon discretion on AT-1 Bonds.
- Bondholders are inquiring about coupon payments.
- Decision on coupon discretion to be communicated post-assessment.
- Bank operations and customer services continue without interruption.
Price Impact
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