YES BANK AT-1 BONDS: Axis Trustee Gives Bank 3 Working Days To Reinstate ₹8,415 Crore Bonds
Axis Trustee Services has issued a notice to YES Bank seeking reinstatement of ₹8,415 crore worth of AT-1 bonds following the Supreme Court ruling. The trustee has also sought clarity on unpaid coupon payments and a repayment timeline. YES Bank is evaluating its options, with a possible review petition also in focus.