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

February 14, 2023

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.

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