Yes Bank has concluded the transfer of its stressed loan exposures in Katerra India to Prudent ARC, an asset reconstruction company, and has received cash consideration of Rs 203.40 crore in relation to the same.
Earlier, the bank had invited Expression of Interest for sale of identified stressed loan exposures through auction under Swiss Challenge Method, being undertaken by the Bank in accordance with the provisions of Reserve Bank of India’s Master Direction on Transfer of Loan Exposures, 2021.
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.
Company Name | CMP |
---|---|
HDFC Bank | 1517.05 |
ICICI Bank | 1149.90 |
Axis Bank | 1166.15 |
Indusind Bank | 1515.60 |
Kotak Mahindra Bank | 1623.75 |
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