Diwali Bonanza: Yes Bank recovers Rs. 120 crore from sold bad loans; don't miss the action!
Diwali Bonanza: Yes Bank recovers Rs. 120 crore from sold bad loans; don't miss the action!

Diwali Bonanza: Yes Bank recovers Rs. 120 crore from sold bad loans; don't miss the action!

The net amount recovered, which surpasses the materiality threshold defined by listing regulations, necessitates disclosure, and Yes Bank is adhering to these transparency requirements

Karan Dsij Article rating: 3.9

In a positive development coinciding with the Diwali festival, Yes Bank announced a significant recovery. Following the sale of a non-performing asset (NPA) portfolio to J.C. Flowers Asset Reconstruction Private Limited (JC Flowers ARC)

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