Yes Bank in talks with ARCs to sell NPAs worth over Rs 32,000 crore
Tue, Nov 3, 2020 1:36 PM

Yes Bank in talks with ARCs to sell NPAs worth over Rs 32,000 crore

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Troubled private sector lender Yes Bank is in discussions with several asset reconstruction companies to sell off bad loans worth Rs 32,344 crore. Yes Bank has already made provisions for 76 percent of its gross non-performing assets worth Rs 24,476 crore and is looking at the sale to “regain its place” in India's banking sector, a report noted.

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