After Yes Bank crisis, SEBI may limit MFs' exposure to AT1 bonds: Report
In its draft resolution plan for Yes Bank, the Reserve Bank of India (RBI) said that any instruments qualifying as AT1 capital will be written down.
Following the Yes Bank crisis, the Securities and Exchange Board of India (SEBI) may limit the exposure of debt mutual funds (MFs) to additional tier 1 (AT1) bonds, according to a Business Standard report.
As of January 31, MFs exposure to AT1 bonds is Rs 37
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