
Crime & Justice
Supreme Court voids Yes Bank's Rs 8,415 crore bond write-off
The Supreme Court upheld a Bombay High Court ruling quashing Yes Bank's write-down of Additional Tier 1 bonds worth Rs 8,415 crore during its 2020 rescue, holding the administrator lacked authority to cancel instruments outside the reconstruction scheme. Bondholders stand to recover the sum plus interest. Yes Bank shares fell over 14% even as markets rose.
Sources: Economic Times, Mint












































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