Yes Bank completes transfer of Rs 48,000 crore worth bad loans to J.C. Flowers

The deal, the largest sale of bad loans in the Indian banking sector yet, comes more than two years after the central bank stepped in to take control of the lender after a dramatic rise in toxic assets alarmed investors and depositors.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2GkLt4K
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