Our government only exploit Investors. My mother invested hard earn tax paid money to the #YesbankAT1bond . @RBI written off the money to zero. My senior citizen mother old age savings turned into zero overnight. @nsitharaman@DasShaktiKanta didn’t think twice before doing this.
@RBI would examine the buyback of the outstanding amount of Rs 84,574 crore in AT-1 bonds issued by banks. What abt #YesbankAT1bond investors money? Yesbank cheated #YesBank_AT1_RetailInvestor 2 sell there risky bond in the name of FD. Thn Why @RBI written down 2 zero this bond ?
My mother was told by her RM through email that it is as secured as bank FD. My mother coupon rate is 8.7%.That time Senior citizen bank FD and PO SCSS was 8.5%, 8.6% respectively.If T&C was given by #yesbank RM, she wouldn’t invest #YesbankAT1bond . #SaveYesBondsRetailInvestor
Here is big issue of miss selling a product. #yesbank RM misguided depositors of the Bank & miss sold AT1 bond 2 the retail investor compared this with bank FD. This is completely unjustified. @RBI@nsitharaman should listen 2 retail investors. Bt they completely ignored our pray
“RBI cannot differentiate between promoters & the AT-1 bondholders, who have equally contributed 2 the bank’s growth. While certain promoters retain equity, bondholders r being made 2 suffer due 2 write-off of their investments”. Totally agree with #Axistrustee . We will fight .
“RBI cannot differentiate between promoters & the AT-1 bondholders, who have equally contributed 2 the bank’s growth. While certain promoters retain equity, bondholders r being made 2 suffer due 2 write-off of their investments”. Totally agree with #Axistrustee . We will fight .
@abhishekjha4u@nadia_kaif@kavi16a@Joydeep50663039@smsaurabhmehta@RBI Yesbank provided us some docs when my mother @DebiMukherjee3 purchased this bond. According to those docs this is just like FD. Even AT1 bond is not mentioned any where. Later we realised that it’s AT1 bond. We confronted but Bank remained silent on this matter of miss selling.
Enough fund and enough liquidity for the sake of old age savings of senior citizens & miss-selling of products? If @RBI isn’t for common citizen or to protect their money, whom to rely on? #YesBank_AT1_RetailInvestor
@nsitharaman@INCIndia I’m a senior citizen lady who is holding yes bank AT1 bond. My yes bank RM compared the bond with FD.But now I’m very anxious but I have hope you would understand an aged lady’s problem as a lady yourself. Hope you safeguard my old age savings #YesBank_AT1_RetailInvestor
#YesBank cancelled press conference. Yesbank directly informed exchange their result. Very skeptical abt @RBI steps regarding #AT1 bond. Many senior citizen put their old age savings in this #yesbankbond. @RBI plz take positive step for bond holders. #YesBank_AT1_RetailInvestor
2day got advance tax payments alert! It hits my mind that we r paying tax to protect our future. In the hope that govt would help us in crisis situation. In India nothing is secured by govt like medical, insurance etc. Ppl can’t file bankruptcy either. Now own money isn’t secure.
2day got advance tax payments alert! It hits my mind that we r paying tax to protect our future. In the hope that govt would help us in crisis situation. In India nothing is secured by govt like medical, insurance etc. Ppl can’t file bankruptcy either. Now own money isn’t secure.
@PTI_News@tweettokarishma But being a senior citizen widow, my AT1 bond investment is said to be written down. My old age savings is at stake whereas I was not even told about write down risk clause during investment. It wasn’t mentioned as t&c in the form during investment #YesBank_AT1_RetailInvestor
@SenseStock@PTI_News@tweettokarishma If for all the investors the risk disclosure is attached with the form (mf, pms, demat),the same should be here too.Write down clause should have been mentioned in the official email/form.I should go by official doc.Anything found online can be untrue #YesBank_AT1_RetailInvestor