Axis Trustee gives Yes Bank three working days to restore ₹8,415 crore AT1 bonds
Summary
In a notice dated 28 October, Axis Trustee Services Ltd, which represents investors holding the bonds, asked Yes Bank’s managing director and board to restore the bonds in its register of holders to their status before the March 2020 write-off
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Axis Trustee gives Yes Bank three working days to restore ₹8,415 crore AT1 bonds
In a notice dated 28 October, Axis Trustee Services Ltd, which represents investors holding the bonds, asked Yes Bank’s managing director and board to restore the bonds in its register of holders to their status before the March 2020 write-off
