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.
Published on
March 09, 2020
Mumbai |
Updated on
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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