Yes Bank to pay ₹350 cr for ARC deal | Mint - Mint


7/18/2022 12:00:00 AM2 years 9 months ago
by Shayan Ghosh

First set in motion in August 2020, Yes Bank’s plan to segregate bad loans into a separate entity would lead to a cleaner balance sheet that potential investors are expected to find attractive

MUMBAI : Yes Bank plans to invest about 350 crore for a 20% stake in JC Flowers Asset Reconstruction Pvt Ltd, Prashant Kumar, chief executive of the private sector lender said on Monday. According to… [+4250 chars]

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