Yes Bank to form ARC with JC Flowers to sell ₹48,000 cr. of bad loans

Yes Bank to form ARC with JC Flowers to sell ₹48,000 cr. of bad loans

Yes Bank has selected JC Flowers ARC as partner to form an asset reconstruction company to sell bad loans of the bank valuing ₹48,000 crore. The lender said it had signed a binding term sheet with JCF ARC LLC and JC Flowers Asset Reconstruction Pvt. Ltd. (JF Flowers ARC) for strategic partnership in relation to […]

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