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Yes Bank AT1 bond controversy

Bank-led misselling case

Yes Bank AT1 bond controversy

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The Yes Bank AT1 bond controversy refers to the 2020 write-down of approximately ₹8,415 crore (US$870 million) worth of Additional Tier 1 (AT1) bonds issued by Yes Bank, as part of a Reserve Bank of India-led reconstruction scheme following the bank's financial distress. On 15 October 2026, the Supreme Court of India dismissed appeals against the Bombay High Court's quashing, making the reversal of the write-down final.

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