Yes Bank expects its core capital ratio to take a hit of 250 basis points following a Supreme Court order overturning the cancellation of Rs 8,400 crore worth of additional tier-1 (AT1) bonds issued by the lender as part of its 2020 rescue.
The bank said on Friday that its Tier-1 capital ratio would stand at 14% on a pro forma basis. It is assessing the implications of Thursday's ruling and said further disclosures would be made in due course.
