The bank had earlier declared JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) as the winner of the Swiss Challenge process for sale of its identified portfolio of stressed assets.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-assigns-rs-48000-cr-stressed-asset-loan-portfolio-to-jc-flowers-arc/articleshow/96301165.cms
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