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Supreme Court ruling requiring Yes Bank to reinstate AT1 bonds could lead to a Rs 5,400 crore post-tax impact, sources told Live TV News Channel
By ScoutQuest · · 1 min read
- Post tax impact estimate
- Rs 5,400 crore
Heard on business television between 13:00:48 - 13:03:48 IST.
- The Supreme Court ruled requiring Yes Bank to reinstate AT1 bonds.
- Sources told Live TV News Channel this could lead to a Rs 5,400 crore post-tax impact for the bank.
- There will not be any immediate cash outflow since the bonds are perpetual in nature.
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