Yes Bank Sees No Immediate Capital Raise After Supreme Court’s ₹8,415 Crore AT1 Bond Ruling
Yes Bank does not expect to raise fresh capital immediately following the Supreme Court’s ruling concerning its ₹8,415 crore additional tier-1 (AT1) bonds, according to Chief Financial Officer Niranjan Banodkar. Speaking during the lender’s second-quarter earnings call, Banodkar said the bank had several options to absorb the impact while maintaining its growth plans. The Supreme … Read more