Yes Bank has recovered an amount of Rs 184 crore, against an original claim filed for Rs 325 crore, pursuant to the sale of Bhushan Steel to Tata Steel.
With this recovery, the Bank now has an exposure to only one account, aggregating to only Rs 23.40 crore (with 50% provision) as on March 31, 2018.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
