The lender is creating a structure for what will be an in-house bad bank that will house all its bad loans and also buy bad assets from other lenders.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-looks-to-carve-out-technology-platform-transfer-stressed-assets-to-two-arms-md/articleshow/77261770.cms
No comments:
Post a Comment