SEBI’s Prudence & Finance Ministry’s Concerns on AT-1 bonds
Back in March 2020, the Reserve Bank of India proposed an SBI-led restructuring package for the struggling Yes Bank by exercising a clause in a manner no one expected.1 The proposed restructuring entailed writing down of over Rs.8400 crore....
April 01, 2021 Economic Studies , Article , RBI , AT-1 Bonds , Finance Ministry Mutual Funds , NAV , SEBI