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L&T moving court today against RBI plan to write down bonds
March 11, 2020 | By The Times of India
business
The plan may involve an 80% haircut, which L&T isnt agreeable to.
:
Mumbai: Larsen & Toubro may break ranks with other investors holding Yes Bank’s Additional Tier 1 (AT 1) bonds and move the Bombay High Court on Thursday (March 12) against the Reserve Bank of India (RBI) proposal to write their value down to zero as part
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