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YES Bank crisis: AMCs stare at Rs 3,345 cr exposure to equity, bonds

As per the data, SBI Mutual Fund has the highest exposure of Rs 152.83 crore, followed by Rs 67 crore by HDFC Mutual Fund in the bank's equities, as at the end of January.

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UTI Mutual Fund's exposure was Rs 33.18 crore in the stocks of the bank.

Press Trust of India Mumbai
Asset management companies are staring at a Rs 3,345.48-crore hole in their books with their exposure to the equity and bonds of Yes Bank, which is under a 30-day moratorium, according to data from Morningstar.

As of January 31, 2020, nearly two dozen mutual fund houses have exposure of close to Rs 526.42 crore to the stock, while 11 have invested Rs 2,819.06 crore in the bonds of the troubled private sector lender, as per the data.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 per depositor for a month and imposed strict limits

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