In what came as a positive development for retail & institutional investors, the Bombay High Court last week invalidated the write-off of additional Tier-1 (AT1) bonds issued by private lender Yes Bank. Its CEO Prashant Kumar on Saturday said that the company has legal grounds to appeal against the court order.source https://economictimes.indiatimes.com/industry/banking/finance/banking/et-explainer-yes-bank-and-the-at-1-bonds-saga-what-next-for-investors/articleshow/97246072.cms
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