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In the initial bidding process, Prudent ARC made an offer of ₹165.6 crore for Katerra India, while JC Flower ARC proposed ₹133 crore for Indrajit Power. Interested bidders will have to submit offers at 7% mark-up to the base bid.Yes Bank has set the deadline for interested bidders to submit their offers by 7 February and plans to announce the highest bidder on 13 February. ....
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 ....
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.