Yes Bank puts Rs 4,200 crore of corporate and retail bad loans on sale, seeks all-cash offers

December 13, 2023

The bank’s corporate loan portfolio comprises eight accounts totalling rs 3,091 crore, while the retail portfolio is worth Rs 1,142 crore. While the sale of distressed loans to JC Flowers ARC was through a mix of cash and security receipts, this time, the bank is seeking offers only in cash.

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