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News 2026-10-23 04:30 UTC

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…