Yes Bank to sell stressed assets worth ₹48,000 crore to JC Flowers ARC
Updated: 21 Sep 2022, 08:09 AM IST
TL;DR.The board of directors of the bank, at their meeting held on September 20, 2022, has approved the declaration of JC Flowers ARC as the winner of the Swiss Challenge process, Yes Bank said.
The CBI had registered the case against Oyster Buildwell Pvt Ltd, Gurugram, and others on June 2, 2021 on the complaint from Yes Bank. (Abhijit Bhatlekar/ Mint)