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Explained: The impact of Yes Bank's AT1 bonds on debt fund investors
March 8, 2020 | By Moneycontrol.com
business
Investors can exit their mutual funds that had Yes Bank bonds, but they may have to do so at a loss
:
There is bloodbath on the mutual funds street. A day after the RBI took control of Yes Bank and capped the amount that depositors can withdraw (Rs 50,000), it put out a reconstruction scheme. The proposal, which is a draft, stated that although all liabilitie
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