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Is the Yes Bank CEO the Only One to Blame for the AT1 Bond Fiasco?

Published: January 25, 2023

The fact that the RBI supported the administrator’s actions in the court case indicates that, in all likelihood, it had orally instructed him to proceed.

Source: thewire.in

Related Topics:

Prashant KumarSupreme CourtBank LtdBank Common Equity TierChief Executive OfficerAdditional TierReserve BankYes BankCommon Equity TierReconstruction SchemeFinal Reconstruction SchemeDraft SchemeState BankMaster CircularAt1 BondPrabhat KumarRbi Yes Bank DecisionYes Bank At1 BondYes Bank CaseYes Bank Loans

Bombay HC quashes Yes Bank Administrator's decision to write off Additional Tier 1 (AT-1) bonds

Published: January 21, 2023

Yes Bank had written off AT-1 bonds worth Rs 8,415 crore as part of the bailout in March 2020.

Source: freepressjournal.in

Related Topics:

Justicesv GangapurwalaJustice Sm ModakCentral Depository ServicesReconstruction Scheme Of Yes BankBombay High Court OnNational Securities DepositoriesBank Administrator OnBombay High CourtYes Bank AdministratorAdditional TierActing Chief Justicesv GangapurwalaFinal Reconstruction SchemeYes BankReserve BankMaster CircularNational Securities Depositories LimitedBombay HcAt 1 BondsReserve Bank Of India