Yes Bank is planning to invest up to Rs 350 crore for a potential 20 percent stake in asset reconstruction company JC Flowers, which has emerged as the base bidder for the lender's bad loans worth Rs 48,000 crore. The bank is planning to raise up to $1 billion in FY23 to bolster its core capital base once the NPA challenge is over.
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.
