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Sebi appeals court stays fine on Yes Bank in AT1 bonds case


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MUMBAI: The Securities Appellate Tribunal (SAT) has stayed the regulator s Rs 25 crore fine on
YES Bank in the case of mis-selling of additional Tier 1 (AT1) bonds to investors. The tribunal has given Sebi four weeks to respond and has posted the matter for a final hearing on July 30.
Last month, Sebi had found YES Bank and three of its employees, including its then private wealth management head, guilty of mis-selling these bonds to retail investors and had imposed a Rs 25 crore fine on the bank. The head of the wealth management was fined Rs 1 crore while two other employees were fined Rs 50 lakh each. ....

Justice Tarun Agarwala , Justice Mt Joshi , Exchange Board Of India , Franklin Templeton Mutual Fund , Exchange Board , Yes Bank , Indiabulls Housing , Yes Bank Stock Price , At1 Bonds Case , Yes Bank Shares , Tier 1 Bonds , நீதி தருண் அகர்வாலா , நீதி ம்த் ஜோஷி , பரிமாற்றம் பலகை ஆஃப் இந்தியா , பிராங்க்ளின் கோயில் பரஸ்பர நிதி , பரிமாற்றம் பலகை , ஆம் வங்கி , இந்தியபுழிளஸ் வீட்டுவசதி , ஆம் வங்கி ஸ்டாக் ப்ரைஸ் , ஆம் வங்கி பங்குகள் ,