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of <h1>Supreme Court to Review Bombay High Court's Decision on Yes Bank's Rs 8,415 Crore AT-1 Bonds Write-Off Case.</h1> The Supreme Court has referred to another bench the pleas of the Reserve Bank of India and others challenging a Bombay High Court decision that nullified the Yes Bank administrator's move to write off additional tier 1 (AT-1) bonds worth Rs 8,415 crore during a bailout. The AT-1 bonds, issued to boost banks' capital, are riskier and can be canceled by RBI if a bank faces trouble. The High Court had ruled the administrator lacked authority for the write-off. The Supreme Court extended the stay on the High Court's order and may use its powers to find a solution for affected bondholders.
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