AT1 bond Case: Yes Bank to appeal Bombay HC order even as Q3 profit falls

"The court has not questioned the regulatory guidelines under which the decision was taken but only the process which was followed. Based on the legal opinion we have taken, we are preparing to appeal in the SC for which we have been granted time of six weeks," CEO Prashant Kumar said.

from Banking/Finance-Industry-Economic Times https://ift.tt/oeXHJWn