Nippon India AMC Pays ₹96.8 Crore in Yes Bank AT1 Settlement
Nippon Life India AMC said Sebi gave in-principle approval to a settlement related to investments by certain mutual fund schemes in Yes Bank AT1 bonds. The AMC said it paid ₹96.8 crore, including ₹89.1 crore toward reversal of management…
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Nippon AMC Settles YES Bank AT1 Case
MUMBAI — Nippon Life India AMC said on Thursday that Sebi has granted in-principle approval for a settlement concerning investments by certain mutual fund schemes in Yes Bank’s AT1 bonds. The AMC said it paid 96.8 crore toward the settlement, including 89.1 crore for the reversal of management…