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Sebi imposes Rs 2 crore fine on Rana Kapoor in Yes Bank AT-1 bonds case
The case relates to mis-selling of the bank's AT1 bonds to retail investors by its officials. It was alleged that the bank and certain officials did not inform investors of the risk involved while selling the AT-1 (Additional Tier-1) bonds in the secondary market. The sale of AT1 bonds started in 2016 and continued till 2019.