Yes Bank unlikely to pay AT1 bond coupons despite bond holders demand, sources say

Oct 22, 2026

Yes Bank has announced potential non-payment of coupons on additional tier-1 bonds this fiscal year following a Supreme Court decision that annulled the previous write-off of these bonds. Bondholders are advocating for repayment based on the court's ruling, which emphasizes unsettled dues. Nonetheless, Yes Bank maintains it has ultimate authority over coupon payments, raising concerns about its financial losses impacting these obligations.

Morning Dispatcher

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.