Smar NetworkSmar.inSmargrid.comNewsInsuranceRooms

SMAR Daily Industry News

Daily news across AI, technology, finance, insurance, healthcare, automotive, real estate, and government

Facebook Telegram
← Back to Banking & Finance

India's Yes Bank AT-1 ruling won't impact ratings despite earnings hit, S&P says

📅 2026-10-16 | 📰 Economic Times Markets
#banking-finance #india #yes #bank

Yes Bank faced a setback as India's Supreme Court overturned its write-off of 84 billion rupees in bonds. S&P Global Ratings stated the ruling would not impact its credit rating of the bank. The decision highlights procedural errors in...

Read more: https://economictimes.indiatimes.com/markets/stock...