YES Bank in final stages to close $1 billion fundraise from Carlyle, Advent post ARC deal - Moneycontrol

YES Bank had recently approved JC Flowers ARC to be the base bidder for the proposed sale of the bank’s identified stressed loan pool amounting to Rs 48,000 crore.

YES Bank is in the final stages of negotiations to close a $1 billion equity fundraise from private equity firms Carlyle and Advent International after its recent asset reconstruction company (ARC) d… [+1003 chars]

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