Yes Bank Ltd

This digitised process, which includes digital stamping and signing, significantly reduces the issuance turnaround time

This observation comes in the backdrop of UBS’ acquisition of the troubled Credit Suisse entailing a write-down of the latter’s AT-1 bonds aggregating $17.2 billion.

Petitioner Subramanian Swamy said a prevalence of “growing rot” in the private banking sector, which has been further accelerated by the “perpetual decay” of corporate governance and ethical standards

The investor lock-in was part of the YES Bank Reconstruction Scheme, 2020, wherein a consortium of 10 institutions led by the SBI had infused ₹10,000 crore to recover the bank

Under the partnership, the entities will provide several products such as Home Loan for Salaried Employees, and Loan for Plot Purchase and Construction

The top court said the petitioners must ensure that small bondholders don’t suffer

SC was hearing the appeal by Yes Bank against a Bombay High Court ruling that had set aside an administrator's decision to write off AT1 bonds worth ₹8,450 crore

SBI held a 26.14 per cent stake in Yes Bank as of December 31

Starting April 1, 2024, the SEBI proposes that shareholder approval be made mandatory for any director serving on a listed company's board once in five years.

YES bank is appealing against the Bombay HC order overturning the write-down of the bank’s AT1 bonds in a special leave petition to the SC

The case is expected to be listed in SC by next week

Last week, the Bombay High Court passed an order staying the write-off of Yes Bank’s AT1 bonds on technical grounds