₹8,415 Crore Said, “You Can’t Just Write Us Off!” 💸 Supreme Court Overturns Yes Bank’s Bond Write-Off, Puts RBI Oversight Under the Spotlight, but Investors’ Relief Is Still a Waiting Game

The Supreme Court overturned Yes Bank's ₹8,415 crore AT1 bond write-off, criticizing the RBI's supervisory role and ruling the administrator lacked authority under the final reconstruction scheme. The judgment restores bondholders' legal claims and coupon payments, but financial recovery remains uncertain. It raises broader questions about regulatory oversight, mis-selling to retail investors, and consequences for Yes Bank's capital.