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RBI's move to take control of YES Bank puts Mutual Funds on the edge

As many as 32 mutual fund schemes have exposure to bank's AT-1 bonds

Jash Kriplani |Business Standard | Mumbai
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RBI's move to take control of YES Bank puts Mutual Funds on the edge

2 min read Last Updated : Mar 06 2020 | 3:49 PM IST
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The Reserve Bank of India’s (RBI) decision to takeover YES Bank has put mutual funds (MFs) in lurch, which are bracing for sharp mark-to-market hits on their exposure to the additional tier-I (AT-1) b

Topics :YES BankMutual FundsMF schemesReserve Bank of India

First Published: Mar 06 2020 | 11:17 AM IST

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