Yes Bank CET1 Could Slip to 10% If Legacy AT1 Coupons Are Paid, Crisil Says
Yes Bank’s core equity capital could fall to about 10% if it resumes payment of accumulated coupons on its additional tier-1 bonds, according to Crisil Ratings. The agency estimates the liability impact at around Rs 6,200 crore, while S&P Global Ratings pegs the hit to common equity at roughly Rs 8,400 crore, though both see the bank’s overall credit profile as stable.
