Yes Bank, headquartered in Mumbai, India, has stated that it does not expect any material financial impact from the Supreme Court's upcoming ruling on the write-down of its Additional Tier-1 (AT-1) bonds. The bank indicated that it will recognize any potential financial liabilities in future reporting periods, but emphasized that the write-down, amounting to ₹8,415 crore (approximately $1.01 billion USD), was executed in accordance with applicable regulations. This write-down occurred during a critical period in March 2020 when the Reserve Bank of India imposed a moratorium on Yes Bank due to its precarious financial state. The subsequent Yes Bank Reconstruction Scheme allowed for a restructuring of the bank's operations and management. The write-down has led to a series of legal challenges from bondholders, with many cases still pending in various courts. The Supreme Court concluded its hearings on February 26, and the final judgment is awaited.