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Mutual funds cut AT-1 bond holdings by over 90% in 3 years, banks face funding constraint

By Economic Times - 10 months ago
Mutual funds' investment value in these perpetual bonds was at ₹2,123 crore in December 2023, down from ₹25,057 crore in January 2020, three months before Yes Bank collapsed, data provided to ET by CRISIL Market Intelligence and Analytics showed.

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