The bank had earlier declared JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) as the winner of the Swiss Challenge process for sale of its identified portfolio of stressed assets.
Yes Bank will need to invest ₹400 crore in the JC Flowers ARC to pick up a 20% stake in the company. (Photo: Mint) Yes Bank Ltd has chosen JC Flowers Asset Reconstruction Co. as its joint venture ...
Yes Bank on Friday informed that its the board of directors have signed a binding term sheet with JCF ARC LLC and JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) for strategic ...