Yes Bank Receives Rs 429 cr from JC Flowers ARC

By By Rediff Money Desk, New Delhi
Mar 21, 2025 18:19
Yes Bank has received Rs 429 crore from JC Flowers Asset Reconstruction Company for the sale of its NPA portfolio in 2022. The bank had transferred its stressed assets loan portfolio to JC Flowers ARC in December 2022.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Mar 21 (PTI) Yes Bank on Friday said it has received Rs 429 crore from JC Flowers Asset Reconstruction Company for the sale of its NPA portfolio in 2022.

The bank had transferred its stressed assets loan portfolio to the tune of Rs 48,000 crore to JC Flowers ARC in December 2022.

In this regard, the bank would like to inform that it has received Rs 429 crore from a single trust in the Security Receipts Portfolio, Yes Bank said in a regulatory filing.
Source: PTI
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yes bankstressed assetsasset reconstructionjc flowers arcnpa portfolio
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