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Reputation: 642,713  •  Jul 26, 2023 3:21 AM
Sebi issues Rs 2.2 cr demand notice to Yes Bank's former MD Rana Kapoor
Sebi issues Rs 2.2 cr demand notice to Yes Bank's former MD Rana Kapoor
The case relates to mis-selling of the bank's AT1 (Additional Tier-1) bonds to retail investors by the bank's officials. It was alleged that the bank and certain officials did not inform investors of the risk involved while selling the AT-1 bonds in the secondary market. The sale of AT1 bonds started in 2016 and continued till 2019
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
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