By Monika Singh | 22 Mar, 2023
Credit Suisse AT-1 horror: Investors reminded of rude Yes Bank shock as bonds written off, made worthless
As Swiss regulator FINMA decided to write down $17 billion worth of Additional Tier 1, or AT-1, Credit Suisse bonds in its rescue merger with UBS, Indian investors are reminded of similar horrors regarding AT-1 bonds, as experienced by the Yes Bank shocker in 2020. The RBI, supported by the SBI-led consortium, wrote down private lender Yes Bank’s Rs 8,400 crore in perpetual bonds, while restruct...
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Arvind01 2024-04-15 17:39:41
One thing I know. Yes Bank cant remain at 25 forever. It is Bank with more than 3.5 lakh cr total assets. That means 1.2 lak cr more than IDFC first bank. As and when profit will increases, yes bank will increase. I am just dumping my extra money regularly in yes bank.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2024-04-10 14:24:16
"Yes Banks deal value should be Rs 88,000 crore (Rs 30.5 per share "as per MC article........hold tight for sure gain in next 2-3 years. Better return then FD for sure....only for long-term investors.... short-term rosk takers avoid as it can drop down to 19 also if overall market goes down due to political scenario change circumstances.
Login & Reply Like(0) Dislike(0) Repost Spamdeep1985 2023-01-30 11:49:33
Yes. I am short selling from 23 levels over 3 cr profit in mkt only
Login & Reply Like(0) Dislike(0) Repost SpamQueen_Of_Futures1 2023-01-26 21:42:54
next results...all who commented 10 rs or 15rs...will see 35 - 40 levels. and they will wish they bought yes Bank shares in Jan 2023
Login & Reply Like(0) Dislike(0) Repost SpamPalkin 2023-01-26 20:17:57
The banks/organisations follow standard norms to provide for debts if those cross certain stipulated due/overdue period. Debtors ageing through due/overdue timelines is a routine process followed by organisations.
Login & Reply Like(0) Dislike(0) Repost Spamsultanmirza 2023-01-26 19:51:58
Friends, we must think about all these things 1. The court order essentially requires Yes Bank to restore the Tier 1 bonds valued at over ₹8,300 crore in its books, while taking an equity write-off…………….This would effectively mean that the bank s equity capital would take about a 3 per cent hit, which would be made up if the Tier 1 bonds are restored. 2.Should Yes Bank decide to repay the bonds……………….its Tier 1 capital can take a 3 per cent dent, which it will have to make up through a new equity or Tier 1 bond issue. 3.There is also a possibility that Tier 1 bond holders will be allowed to convert their holdings into Yes Bank shares, in which case there will be no impact. In first case we all need to loose 3% of our holdings. In second case again they have to issue Rs. 8,400 Cr worth Equity. In third case also again they have to issue Rs. 8,400 Cr worth Equity. In second third cases huge dilution will take place again and that too after Lock-in period over. So SBI and other banks leave Yes Bank silently. More over what will be the Carlyle s and Advent s future action in all the cases…….. With huge dilution what we do, if nobody comes to take promoter position. Only one thing will happen after happening all these things……………..Sure they have to Write-Off Equity to some extent to attract a new promoter. Otherwise our situation will be miserable. New investors better stay away for at least one and a half month…. Sultan
Login & Reply Like(0) Dislike(0) Repost SpamRaj Misrhra89 2023-01-24 23:05:46
Keep this stock at all dips.. bad times are all over.
Login & Reply Like(0) Dislike(0) Repost SpamPalkin 2023-01-24 22:04:23
FII investment increasing, NPA reduced in balance sheet, retailers are panic sellers. Its time to accumulate, still its in good position. In current market level, this is 1 of the best buy.
Login & Reply Like(0) Dislike(0) Repost SpamNiraj_Goswami 2023-01-24 20:37:15
you are spot on, nothing is going to change. At worst, Yes Bank will restore the Bonds and will not pay Interest by not declaring dividend, further there is no maturity date so the investment is perpetual.
Login & Reply Like(0) Dislike(0) Repost Spamsultanmirza 2023-01-24 08:29:33
Prashant Kumar, MD & CEO, YES Bank, said the bank would appeal Bombay HC s judgment at the Supreme Court. Given that it has six weeks to initiate the appeal, work has started on this front, and lawyers will soon be appointed. It is gathered from sources that the RBI may the bank in appeal. Since this pertains to RBI s reconstruction plan for YES Bank, which it has rolled out and approved by the Government of India, the RBI may the appeal process, said a person aware of the development.
Login & Reply Like(0) Dislike(0) Repost Spamsultanmirza 2023-01-24 08:29:05
I can feel the frustration of management of yes bank....The new liability of 8400 crores approx of At1 bond holders have been forced on yes bank by high court unnecessarily..jaise hi share kuch chalne laga jo Liability already write off ho chuki hai books me yse generate kiya jaa raha he 👦 Bond holders are asking shares of yes bank...which will create equity dilution...
Login & Reply Like(0) Dislike(0) Repost Spamnelu 2023-01-23 22:18:34
lots of npa still leftover by 25000 crore, so i think it should be seen at 10 rupees i have exited yes bank but this bank need another 3 years to be stable
Login & Reply Like(0) Dislike(0) Repost Spamamateurinvestor1 2023-01-23 19:48:32
Today the show gives us hope on 2 yes bank pe investors capability not on the yes bank. They just can pump 25-30-40 level and dump it. clever operation of share pre market kept low. Almost all banks in India stopped provision except yes bank.
Login & Reply Like(0) Dislike(0) Repost SpamQueen_Of_Futures1 2023-01-22 21:42:15
Yes bank k guardian hai sbi, icici,hdfc bank,Kotak Bank , RBI ...ab Issey jyada sureties kuan c indian Inc ki hogi...
Login & Reply Like(0) Dislike(0) Repost SpamChat_With_Sonam 2023-01-21 13:25:19
Yes Bank is Bankers Bank as it is owned by almost all banks in India with major stake held by SBI.
Login & Reply Like(0) Dislike(0) Repost SpamPalkin 2023-01-19 18:02:54
kuch nai hona ....this bank is used to all this...hahahahhaha....it will gain momentum instead ...
Chat_With_Sonam 2023-01-21 13:25:30
SEBI recently fined 2 cr on Yes Bank former chairman for mis selling these AT1 bonds.
Anku3036 2023-01-03 14:41:29
When this will move up sharply big short covering ………
Login & Reply Like(0) Dislike(0) Repost Spamparvin 2022-12-27 21:26:42
this share was touched year high on 24th dec and again volumes is increasing day by days, May be cross the year high withing first week of Jan 2023
Login & Reply Like(0) Dislike(0) Repost SpamPalkin 2022-12-27 21:17:46
YES BANK WILL CROSS 21 SOON BEFORE THE DECEMBER END. HOLD IT FOR NOW DONT SELL
Login & Reply Like(0) Dislike(0) Repost SpamAnku3036 2022-12-24 19:57:56
Bounce back expected. 18.90, 19 75 and 20.75. Long term investors may hold tight. Or sell on rise between 23 to 24.75.
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