The SC dismissed appeals filed by YES Bank, the Reserve Bank of India and the Union government against the Bombay High Court's January 20, 2023, judgment. The impact on common equity Tier 1 (CET1) is likely, YES Bank said.
"The bank is currently reviewing the order and its implications and will make suitable disclosures in due course. Particularly with respect to Capital adequacy, proforma impact of re-instatement of AT1 Bonds principal amount on CET1 Ratio (including Profits) as on June 30, 2026 is expected to be 250 bps. Tier1 Ratio on a proforma basis to remain unimpacted at 14.0 per cent," YES Bank said.
YES Bank said it was examining the judgment in detail, including evaluating all available legal options and the steps it could take going forward. It added that it had access to appropriate capital-management levers and retained the flexibility to undertake additional capital actions, as considered appropriate, to pursue its growth objectives.
The bank said it remained focused on strengthening its franchise and providing customers with consistent service and support across their banking requirements.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.