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 has put some real estate developers for sale, such as ATS Realworth Pvt Ltd with debt of Rs 115 crore, ATS Infrastructure at 8 crore, ATS Township at Rs 26 crore, and Umritha Infrastructure at Rs 16 crore.
The corporate loan portfolio comprises eight accounts with Rs 3091 crore, while the retail portfolio is Rs 1142 crore. Last year, the bank sold a Rs 48000 crore non-performing loan portfolio to JC Flowers ARC
Almost a year after selling a Rs 48,000 crore distressed loan book to JC Flowers ARC, Yes Bank has put another portfolio of a little over Rs 4,233 crore crore on the block, The Economic Times reported.
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.