Synopsis: Yes Bank has filed a review petition in the Supreme Court against the court’s 15 October 2026 judgment on the write-down of ₹8,415 crore of AT1 bonds, according to an NSE filing on 13 November. The same day, the bank disclosed its first credit ratings from two Japanese agencies.
Yes Bank told the stock exchanges late on 13 November 2026 that it has filed a review petition under Article 137 of the Constitution, asking the Supreme Court to review its judgment and order dated 15 October 2026. The judgment concerns the write-down of Additional Tier-1 (AT1) bonds worth ₹8,415 crore.
The filing refers to earlier disclosures on the same judgment dated 15, 16, 18, 24 and 30 October, and says the bank will disclose further material developments as required under the SEBI listing rules.
First ratings from Japan
In a separate filing the same morning, Yes Bank said two Japanese agencies had assigned it inaugural ratings. Japan Credit Rating Agency (JCR) assigned a foreign currency long-term issuer rating of A- with a stable outlook on 11 November. Rating and Investment Information (R&I) assigned foreign and domestic currency issuer ratings of BBB+, both with a stable outlook.
Why it matters
The two filings pull in different directions. The review petition shows the AT1 matter, which dates back to the bank’s 2020 rescue, is still not closed, and the bank wants another hearing on a ruling worth ₹8,415 crore. The new ratings, meanwhile, give the bank an investment-grade view from overseas agencies, which can matter when raising money from foreign investors. A review petition is usually decided by the bench that gave the judgment, often without an oral hearing, so the outcome may take time.
“Yes Bank news” was among the top business searches in India on Google Trends over the past 24 hours.
Sources
- NSE filing: Yes Bank review petition on AT1 judgment, 13 November 2026
- NSE filing: Yes Bank inaugural ratings from JCR and R&I, 13 November 2026
- Yes Bank: company website
Disclaimer: This article is for information purposes only and is not investment advice.
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