BUSINESSYes Bank Finishes Bad Loans Transfers to JC Flowers ARCNileshDecember 17, 2022December 17, 2022 by NileshDecember 17, 2022December 17, 202203761 Yes Bank Ltd concluded the transfer of identified bad loan portfolio to an Asset Reconstruction Company named JC Flowers. The lender identified a stress pool...
BUSINESSCarlyle, Advent Acquired 9.99% Stake in Yes Bank, Infuse Around Rs 8,896 CroreNileshDecember 14, 2022December 14, 2022 by NileshDecember 14, 2022December 14, 202203300 On Tuesday, Yes Bank said that private equity giants Carlyle Group and Advent had acquired a 9.99% stake in the bank. Together, the two private...
STOCK MARKETYes Bank Shares Up 18% in One Month Amid Investment BoomNileshJuly 22, 2022July 22, 2022 by NileshJuly 22, 2022July 22, 202202389 On July 22, shares of Yes Bank gained interest from buyers for the fifth day in a row, with reports that Carlyle and Advent were...
BUSINESSYes Bank Plans to JV With JC Flowers in its ARC BusinessNeha VermaJune 2, 2022June 2, 2022 by Neha VermaJune 2, 2022June 2, 202201290 On Wednesday, JC Flower had been offered Rs 12,107crore against the loan booked to ensure that 25 per cent has recovered two familiars with the...