Friday, July 15, 2022

Yes Bank to partner JC Flowers ARC to sell Rs 48k-crore bad loans

"The bank has signed a binding term sheet with JC ARC LLC and JC Flowers Asset Reconstruction Private Ltd for strategic partnership in relation to sale of identified stressed loans of the bank," Yes Bank said in a regulatory filing.

from Banking/Finance-Industry-Economic Times https://ift.tt/Py1nJL0

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