What happens to AT-1 bonds when a bank is restructured?AT-1 bonds absorb losses during banking crises, but administrators cannot write them off without explicit authority in the final government-sanctioned scheme.15 October 2026
Supreme Court upholds quashing of YES Bank's Rs 8,415 crore AT-1 bond write-offThe apex court dismissed appeals by YES Bank, the RBI and the Centre, ordering annual coupon payments to continue under bond terms.15 October 2026