The following are some of the comments in the RBI’s counter affidavit:The Petitioners cannot on one hand enjoy the benefit of a high interest rate/coupon rate by investing in such high-risk instrument and thereafter, in times of such failure, shift the onus of loss upon RBI”.“Prior to the advent of the financial difficulties of Yes Bank, the Petitioner and other bondholders of Yes Bank have reaped high financial rewards on the AT-1 Bonds.“Courts must be slow in interfering and exercising judicial review of the decisions of a private sector bank which are contractual in nature by issuing a writ.”“The whole purpose of writing-off the AT-1 Bonds is to ensure that the capital infused by the public sector i.e. SBI and other investors should not be diluted. The AT-1 Bonds are a liability and hence, the same should be written off for the effective implementation of the Notified Scheme, which is made in the interest of the general public and to regain the … [Read more...] about Banking Central: RBI ko gussa kyon aata hai?
Rbi
How reliable is standard deviation in gauging a fund’s volatility?
These numbers (returns and SD) are the outcome of actions taken by the fund manager in the past. If you change the time period under observation, the numbers would be different. Understand how a scheme’s SD has changed over a period of time, as fund managers can change the composition of their portfolios. … [Read more...] about How reliable is standard deviation in gauging a fund’s volatility?
