Yes Bank selects JC Flowers to acquire $6 bn bad loans

Yes Bank selects JC Flowers to acquire $6 bn bad loans

Yes Bank Ltd’s board has chosen JC Flowers Asset Reconstruction Co as the highest bidder to become the joint venture partner for the sale of bank’s $6bn bad loans. With the final approval from the Board Credit Committee on July 13, 2022, the Bank said it has “signed a...