RBI, Yes Bank move SC against HC order setting aside ₹8.4k cr AT-1 bonds writeoff - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI, Yes Bank move SC against HC order setting aside ₹8.4k cr AT-1 bonds writeoff

Institutional investors such as mutual funds, including Reliance Nippon, and individuals had put as much as ₹8,415 crore in Yes Bank's AT-1 bonds. Subsequently, the bank's AT-1 retail bondholders moved court to challenge the decision and reclaim their money.

from Industry-Economic Times
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