Yes Bank shares fell 2% on October 16, extending their two-day fall to 17% after Supreme Court set aside the bank's write-off of Rs 8,400 crore in additional tier-1 (AT-1) bonds during its 2020 rescue.
Yes Bank said on Friday it expects the reinstatement of its previously written-off AT-1 bonds to reduce its core capital ratio by about 250 basis points.
Yes Bank's tier-1 capital ratio would remain unchanged at 14% on a pro forma basis, the bank said.
At 2:40 pm on October 16, Yes Bank shares were trading 2.2% lower at Rs 17.71 apiece.
Separately, S&P Global Ratings said it does not expect Supreme Court ruling against Yes Bank to affect its ratings, though it would weigh on future earnings