Will Yes Bank Have to Write Off Perpetual Bonds?

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The Bombay High Court said on Friday that Yes Bank might not have to bring back the perpetual bonds from the grave. The bondholders will likely still be left holding the bag wondering what the future has in store for those poor customers. Finch out Staley is available on a bunch of streaming platforms such as Spotify, Apple and Google Podcasts.

In today’s episode for 24th January 2023, we explain how an exotic financial instrument called a perpetual bond is coming back to haunt Yes Bank’s dreams.

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