Yes Bank Limited is unlikely to pay coupons due this year on its Rs 84 billion AT1 bonds after India's Supreme Court upheld the overturning of their 2020 write-off, with bondholders pressing for payment and the bank reportedly preparing to seek a review of the ruling.

Yes Bank Limited said Moody's Investors Service reaffirmed its ratings, maintaining the long-term foreign currency issuer rating at Ba1 and Baseline Credit Assessment at Ba2.

Yes Bank could see its CET1 ratio fall to around 10% if it must pay past coupons on restored Rs 8,415-crore AT1 bonds, according to Crisil Ratings, while S&P Global Ratings flagged ongoing earnings pressure from 9.0%-9.5% coupons but neither agency expects an immediate ratings impact.

YES Bank Limited was an exception to the sector trend as its treasury segment profit rose 88.3% to Rs 715 crore.

Yes Bank Limited reported a September-quarter return on assets of 0.9%, up from 0.6% a year ago, and said management is targeting a 1% return on assets for FY27 with return on equity of around 8% and business growth of around 11%. Management told analysts on October 19 that core RoA improved by about 20 basis points in H1 and that margins should stay stable in Q3 before improving from Q4. The update follows the Supreme Court's October 15 order striking down the bank's Rs 8,415 crore AT-1 bond write-off.

Yes Bank Limited said it is in no rush to raise immediate capital after the Supreme Court upheld the quashing of its Rs 8,415 crore AT-1 bond write-down, with CEO Vinay M Tonse disclosing the pro-forma CET-1 ratio would fall to 11.4% from 13.7% and the September quarter would have shown a Rs 5,213 crore net loss instead of a Rs 1,084 crore profit.

Yes Bank Limited reported standalone Q2 FY27 net profit of Rs 1,080 crore, up 65% YoY from Rs 654 crore, driven by 22.7% growth in net interest income to Rs 2,822 crore and a 24.2% fall in provisions to Rs 317 crore. The results exclude the impact of the Supreme Court's October 15 ruling upholding the setting aside of the March 2020 write-down of Rs 8,415 crore AT1 bonds, which on a pro forma basis would have resulted in a Rs 5,217 crore quarterly net loss.

Yes Bank Limited is set to file a Supreme Court review petition after the Supreme Court upheld the Bombay High Court order quashing its March 2020 write-down of Rs 8,415 crore Additional Tier-1 bonds, with the Reserve Bank of India also evaluating whether to seek review.