Equity investors should be first to take brunt in case of YES Bank: AMFI
The asset management companies have made representations to both SEBI and RBI regarding the same, lobby grouping AMFI's chief executive N S Venkatesh said.
Equity investors should be the first to take the brunt in case of YES Bank's restructuring, followed by preference shareholders, and the additional tier-I bondholders should be the last to be touched, mutual fund industry body AMFI said on March 11.
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