Legal Updates 21 October 2026
Yes Bank Shares Drop 4% After Nomura Cuts Target Post‑Court Ruling
Yes Bank's stock fell almost 4% following Nomura Securities' decision to lower its price target to Rs 18 per share. The move came after the Supreme Court reinstated the bank's AT1 bonds, prompting concerns over its capital structure and future earnings potential among investors.
- Yes Bank shares slipped close to 4% after Nomura trimmed its target price to Rs 18.
- The downgrade followed the Supreme Court's verdict restoring the bank's AT1 bonds, raising questions about its capital adequacy.
- Investors are watching for further guidance on the bank's recovery plan. For details, see the original report here.
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