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Nippon Life India Asset Management said it received in-principle approval from India’s markets regulator to settle a dispute over alleged fraudulent investments in Yes Bank AT1 bonds after paying ₹96.76 crore ($10.2 million).
Nippon Life India AMC said it received in-principle approval from India's markets regulator to settle a dispute over alleged fraudulent investments in Yes Bank additional tier-1 bonds after paying 967.6 million rupees ($10.2 million).
Nippon Life India Asset Management said it received in-principle approval from India's markets regulator to settle a dispute over past investments in Yes Bank AT1 bonds.