Max Financial Services: No Exposure To Yes Bank AT1 Bonds

Money & Banking

Mumbai | Updated on March 09, 2020 Published on March 09, 2020

Max Life Insurance or Max Financial has no exposure to Yes Bank AT1 bonds, Max Financial Services said in a regulatory filing on Monday.

“Max Life's exposure is limited to Tier 2 bonds, which are totally safe as per the restructuring scheme announced by Reserve Bank of India,” it further said.

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Published on March 09, 2020