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Yes Bank's AT-1 bondholders may get equity against bonds

Yes Bank's AT-1 bondholders may get equity against bonds https://ift.tt/0RlfYyb Bank CEO Prashant Kumar on Saturday said that the bank will challenge the high court’s decision while adding that there is no compulsion on the bank to pay interest on or redeem its AT- 1 bonds. He said this while speaking with analysts on Saturday soon after the announcing quarterly results.
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