Saturday, January 22, 2022

Yes Bank's plan to set up an ARC may be delayed by a quarter

Yes Bank's plan to transfer its entire bad loan book to its proposed asset restructuring company (ARC) may slip to the next financial year as the formation of the ARC got delayed due to the spread of the third wave of the Covid-19 pandemic.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-banks-plan-to-set-up-an-arc-may-be-delayed-by-a-quarter/articleshow/89058643.cms

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