Daily Market Updates: Yes Bank shares tumble over 20% in two weeks amid AT-1 bond shock: Is more downside ahead? Here's what experts say

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Yes Bank shares tumble over 20% in two weeks amid AT-1 bond shock: Is more downside ahead? Here's what experts say

Reported · Written up by our desk · North America

Yes Bank shares have plunged amid uncertainty over the Supreme Court decision restoring claims on ₹8,415 crore of AT-1 bonds written down in 2020. Brokerages warn of pressure on capital, earnings and growth, while improving profits and asset quality offer some support.

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LiveMint MarketsYes Bank shares tumble over 20% in two weeks amid AT-1 bond shock: Is more downside ahead? Here's what experts say

Global Markets

Yes Bank shares tumble over 20% in two weeks amid AT-1 bond shock: Is more downside ahead? Here's what experts say

More like this

Sources

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