AT1 investors point to YES Bank governance issues

Yes Bank had window-dressed its financials to lure investors to buy the bonds in 2016 and 2017 – a violation that RBI did not factor in while backing the complete write down of additional tier-1 (AT1) bonds in its special leave petition before the apex court.

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Gold inches higher, focus on Fed minutes

Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players