As Swiss regulator FINMA decided to write down $17 billion worth of Additional Tier 1, or AT-1, Credit Suisse bonds in its rescue merger with UBS, Indian investors are reminded of similar horrors regarding AT-1 bonds, as experienced by the Yes Bank shocker in 2020. The RBI, supported by the SBI-led consortium, wrote down private […]
Domestic indices were trading broadly higher in the early morning session on Friday, February 3. The BSE Sensex opened above 60350 while the Nifty was above 17700. The BSE Sensex rose 422.7 or 0.71% to 60,354.94 and NSE Nifty 50 climbed 112.00 pts or 0.64% to 17,722.40. The top gainers of Sensex were Titan (up […]
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