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Deepti Bhaskaran Profile picture
Deepti Bhaskaran
@deeptibhaskaran
Personal finance journalist, keen interest in insurance and pension. Views are personal and RTs are not endorsements
Mar 15, 2020 • 12 tweets • 4 min read
Yes Bank AT1 bonds are written off. For the retail customers who were sold these bonds as ‘FD’ like product but only better, it’s been a very short journey from understanding the risks to realising it On 6th March, RBI put the bank under moratorium and it’s AT1 bonds became worthless