Yes Bank Stock Analysis, Impact Of AT-1 Ruling & What Lies Ahead For The Banking Sector
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The Supreme Court on Thursday dismissed appeals filed by Yes Bank, the Reserve Bank of India (RBI) and the Centre against the Bombay High Court's January 20, 2023 judgment quashing the write-off of Rs 8,415 crore in AT1 bonds. The bonds were written down to zero as part of Yes Bank's reconstruction in March 2020, when the lender faced a severe crisis involving rising bad loans and declining depositor confidence. The RBI superseded the bank's board and imposed a moratorium, following which the government approved a reconstruction scheme backed by capital infusion from an SBI-led consortium. #yesbank #banking #stockmarket For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-r... Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtv... Telegram: http://t.me/ndtvprofitnews $MetaTags$1#TV Original2#India Market Open3#Niraj4#Jitesh$MetaTags$
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