Yes Bank picks JC Flowers ARC as JV partner to offload distressed loans worth Rs 48,000 cr - Economic Times

Private lender Yes Bank has signed a term sheet with JC Flowers Asset Reconstruction (ARC) for the sale of identified stressed loans of the bank aggregating to up to Rs. 48,000 crore, it said in a stock exchange filing on Friday.

Private lender has signed a term sheet with JC Flowers Asset Reconstruction (ARC) for the sale of identified stressed loans of the bank aggregating to up to Rs 48,000 crore, it said in a stock exchan… [+1555 chars]

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