Thursday, July 30, 2020

YES Bank looks to carve out technology platform, transfer stressed assets to two arms: MD

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

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