Which bank will write-down Additional Tier-1 (AT-1) bonds as part of t – InterviewSolution

1.	Which bank will write-down Additional Tier-1 (AT-1) bonds as part of the SBI-led restructuring package for Yes Bank?
Answer» Recently, the Reserve Bank of India (RBI) has made a proposal to write-down Additional Tier-1 (AT-1) bonds as part of the SBI-led restructuring package for Yes Bank. AT-1 bonds are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms.

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