AT1 Bonds

After withdrawing its previous reserved judgement in February, the apex court concluded fresh hearings and examined Cabinet records to decide if the administrator of the bank’s 2020 rescue plan bypassed legal procedures.

If the Supreme Court upholds the high court ruling, Yes Bank may have to reimburse bondholders with 9% annual interest, a decision that could materially affect the lender’s finances and set a precedent for future bank resolution mechanisms.

Canara Bank’s ₹3,500 crore AT-1 issue is set to reopen the perpetual bond market, prompting other state-run lenders to prepare their own capital raises.

HDFC Bank Ltd., India’s largest private-sector lender, has put two senior executives on gardening leave amid a probe after customers alleged mis-selling of Credit Suisse securities, according to people familiar with the matter.

SBI's board has approved raising up to ₹20,000 crore through bonds. That's in addition to its plan to raise up to ₹25,000 crore via QIPs in FY26. Chairman C.S. Setty had said that India's largest lender does not need capital. So why is SBI on a fundraising spree?

Canara Bank is set to exercise call options on its Basel III-compliant bonds, with a record date of February 19 for the Tier-I bond and February 24 for the Tier-II bond. Redemption is scheduled for March 5 and March 11, 2025, with RBI's approval secured.

If the Supreme Court upholds the high court ruling, Yes Bank may have to reimburse bondholders with 9% annual interest, a decision that could materially affect the lender’s finances and set a precedent for future bank resolution mechanisms.

Canara Bank’s ₹3,500 crore AT-1 issue is set to reopen the perpetual bond market, prompting other state-run lenders to prepare their own capital raises.

HDFC Bank Ltd., India’s largest private-sector lender, has put two senior executives on gardening leave amid a probe after customers alleged mis-selling of Credit Suisse securities, according to people familiar with the matter.