The corporate portfolio includes eight accounts that turned non-performing after 2019. These include Prometheon Enterprises with a debt of ₹1,496 crore, Malvern Travels, UK, with a debt of ₹537 crore, and Katerra India with ₹521 crore.
The corporate portfolio includes eight accounts that turned non-performing after 2019. These include Prometheon Enterprises with a debt of ₹1,496 crore, Malvern Travels, UK, with a debt of ₹537 crore, and Katerra India with ₹521 crore.
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.
YES Bank invites bids for sale of corporate, retail NPAs worth ₹4,234 cr thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.