Explained:AT-1 bonds

News:The Reserve Bank of India(RBI) reconstruction plan for Yes Bank has put at risk nearly Rs 9,000 crore worth of AT-1 bonds. Facts: About AT-1 Bonds: Additional tier-1 bonds also called AT1 are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms. The… Continue reading Explained:AT-1 bonds