Supreme Court Deals Blow to Yes Bank, Shares Drop 20%
The Supreme Court has delivered a significant setback to Yes Bank by upholding the order to cancel the ₹8,415 crore AT1 bond write-off decision. This ruling has caused panic among investors, leading to a sharp 20% drop in Yes Bank shares. The case, linked to past management errors and RBI actions, marks a crucial moment in the bank's recovery journey.
Hindustan·



