A day after the Supreme Court quashed the March 2020 write-off of Yes Bank's ₹8,415 crore AT-1 bonds, the bank said the ruling could cut its CET1 ratio by 250 basis points, including profits, as of 30 June 2026, while its overall tier-1 ratio should stay at 14%. The bank has not stated its revised CET-1 ratio and says it is reviewing the 15 October judgment and will make disclosures in due course. For the June quarter, Yes Bank reported a capital adequacy ratio of 15.1%, a CET-1 ratio of 14.0% and net profit of ₹1,071 crore, up 34% year on year. Japan's SMBC bought a 24.22% stake in the bank last year, and the Supreme Court also ruled that annual AT-1 coupon payments remain unaffected and must be paid under the relevant information memoranda.
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