The Yes Bank court ruling undermines the concept of loss-absorbing AT-1 bonds
Emerging India can ill-afford a precedent that undermines the concept of loss-absorbing AT-1 bonds
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### Instruction: The Yes Bank court ruling undermines the concept of loss-absorbing AT-1 bonds

### Response: Emerging India can ill-afford a precedent that undermines the concept of loss-absorbing AT-1 bonds