# Yes Bank Shares Rally 6% After Supreme Court Ruling

> Yes Bank shares rose 6% on Friday, extending winning streak to third day after Supreme Court overturned AT-1 bond write-off.
- Title: Yes Bank Shares Rally 6% After Supreme Court Ruling · mint
- Summary: Yes Bank shares rose 6% on Friday, extending winning streak to third day after Supreme Court overturned AT-1 bond write-off.
- Keywords: yes bank, supreme court, at-1 bonds, share price, stock market, capital ratio, mint
- Source: mint — https://livemint.com/market/stock-market-news/why-did-yes-bank-shares-rally-6-extend-winning-streak-to-3rd-day-and-snap-a-7-week-losing-run-what-led-to-rebound-11793959853879.html
- Author: A Ksheerasagar
- Published: 2026-11-06T10:34:44+00:00
- Read time: 1 min
- Topics: yes bank, supreme court, at-1 bonds, share price, stock market, capital ratio, money, business
## Yes Bank Shares Rally
Yes Bank shares rose 6% on Friday, extending gains to three sessions and lifting weekly returns to 14% amid unusually high trading volumes.
## October Sell-Off Trigger
Yes Bank shares declined 28% after Supreme Court upheld Bombay High Court's decision to write off ₹8,415 crore AT-1 bonds in March 2020.
## Supreme Court Ruling
Supreme Court dismissed appeals by Yes Bank, RBI, and Union government on October 15, upholding Bombay High Court's January 20, 2023 judgment.
## Capital Ratio Impact
Yes Bank warned its CET1 capital ratio could decline by 250 basis points but Tier 1 capital ratio remains unchanged at 14% on pro forma basis.
## AT-1 Bond Coupon Payments
Yes Bank unlikely to pay coupons due this year despite Supreme Court ruling, as bond documentation gives bank discretion over payments.
## Investor Concerns
Retail investors holding AT-1 bonds sought clarity on unpaid coupon payments since 2020, urging debenture trustee to intervene.
## Market Reaction
Trading volumes spiked to 514 million shares, nearly 3.78 times weekly average, helping shares recover from recent weakness.
## Key takeaway

Yes Bank shares rebounded 6% following Supreme Court's decision to reverse the write-off of ₹8,415 crore AT-1 bonds.