@deepakshenoy Just bcz your client's shares will get impacted you should not say these things..we are risk averse investors and we were told that these are safe.... we should not be punished...you love risk so now bear the consequences.
@deepakshenoy What language , deplorable . Are you even aware of the hardships of honest investors ?Yes bank clearly siphoned off money for their vested interests. SHAMEFUL OF YOU TO USE SUCH FOUL LANGUAGE .
Apologise for using such language for the honourable court
@CNBCTV18News Shame on the Yesbank administrator-who had written down AT-1 bonds. Many innocent senior citizens were sold these bonds as super FD, one of the frauds put under the carpet. He should b sacked unseen hands at play.
Convinced of the HC decision .
I think u r not able to understand what @YESBANK did with us in the name of super fixed deposit with existing clients of yes bank. u r not a sufferer so u will never understand our pain. At least show some respect to our judiciary. Shame on u.
@_Mukul@suchetadalal@RBI Deepak Shenoy Your views are biased as you don’t know how the laws were broken and AT1 bonds were marketed to Individuals and Senior citizens whose source of day to day living was from Interest income from AT1 bonds. Many Senior citizens and families have suffered during last 3 y
@suchetadalal@RBI Thanks @suchetadalal so much for your help during early days of this fiasco.
BTW, some people are unable to comprehend and are very unhappy.
@deepakshenoy Yes. Perpetual bonds are meant for that.
The question is about the AT1 bonds sold to YB's retail customers I guess. Most of them might have been obviously misled by RM's. Fin instructions shouldn't get any relief, given they fact that they very well knew what they where doing.🤷
@deepakshenoy This is a failure of the regulator. How can they allow a debt product sold to retail investors to go to zero before equity.
If they had allowed Yes Bank to go bankrupt and fail then fair enough.