diff --git a/mypy/checker.py b/mypy/checker.py
index 11499d6b570e..5987033f32d6 100644
--- a/mypy/checker.py
+++ b/mypy/checker.py
@@ -389,8 +389,8 @@ def defer_node(self, node: DeferredNodeType, enclosing_class: Optional[TypeInfo]
         self.deferred_nodes.append(DeferredNode(node, enclosing_class))
 
     def handle_cannot_determine_type(self, name: str, context: Context) -> None:
-        node = self.scope.top_non_lambda_function()
-        if self.pass_num < self.last_pass and isinstance(node, FuncDef):
+        node = self.scope.top_function()
+        if self.pass_num < self.last_pass and isinstance(node, (FuncDef, LambdaExpr)):
             # Don't report an error yet. Just defer. Note that we don't defer
             # lambdas because they are coupled to the surrounding function
             # through the binder and the inferred type of the lambda, so it
diff --git a/mypy/checkexpr.py b/mypy/checkexpr.py
index 00e3757a3e7e..280e9a35d537 100644
--- a/mypy/checkexpr.py
+++ b/mypy/checkexpr.py
@@ -3876,7 +3876,13 @@ def visit_conditional_expr(self, e: ConditionalExpr, allow_none_return: bool = F
     def analyze_cond_branch(self, map: Optional[Dict[Expression, Type]],
                             node: Expression, context: Optional[Type],
                             allow_none_return: bool = False) -> Type:
-        with self.chk.binder.frame_context(can_skip=True, fall_through=0):
+        # We need to be have the correct amount of binder frames.
+        # Sometimes it can be missing for unreachable parts.
+        with (
+            self.chk.binder.frame_context(can_skip=True, fall_through=0)
+            if len(self.chk.binder.frames) > 1
+            else self.chk.binder.top_frame_context()
+        ):
             if map is None:
                 # We still need to type check node, in case we want to
                 # process it for isinstance checks later
diff --git a/test-data/unit/check-callable.test b/test-data/unit/check-callable.test
index ee1c84edf185..5278d24eb4f4 100644
--- a/test-data/unit/check-callable.test
+++ b/test-data/unit/check-callable.test
@@ -301,6 +301,28 @@ def f(t: T) -> A:
 
 [builtins fixtures/callable.pyi]
 
+[case testCallableTypeVarBoundAndLambdaDefer]
+# See https://github.com/python/mypy/issues/11212
+from typing import Callable, TypeVar
+
+C = TypeVar('C', bound=Callable)
+
+def dec(val: None) -> Callable[[C], C]:
+    def wrapper(f):
+        return f
+    return wrapper
+
+lambda: foo() + 2  # error was here
+
+@dec(None)
+def foo() -> int:
+    return 2
+
+lambda: foo() + 2  # double check
+
+reveal_type(foo() + 2)  # N: Revealed type is "builtins.int"
+[builtins fixtures/callable.pyi]
+
 [case testCallableTypeUnion]
 from abc import ABCMeta, abstractmethod
 from typing import Type, Union
diff --git a/test-data/unit/check-optional.test b/test-data/unit/check-optional.test
index c6d3d1f48649..814c780d5290 100644
--- a/test-data/unit/check-optional.test
+++ b/test-data/unit/check-optional.test
@@ -738,8 +738,11 @@ class A:
 
     def f(self, x: Optional['A']) -> None:
         assert x
-        lambda: (self.y, x.a) # E: Cannot determine type of "y"
+        lambda: (self.y, x.a)
         self.y = int()
+[out]
+main:8: error: Cannot determine type of "y"
+main:8: error: Item "None" of "Optional[A]" has no attribute "a"
 [builtins fixtures/isinstancelist.pyi]
 
 [case testDeferredAndOptionalInferenceSpecialCase]