Yes Bank stock tanks 9% after 80% drop in Q3 profit
Shares of Yes Bank dropped 9% to ₹17.85 apiece on the National Stock Exchange (NSE).
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YES Bank gains 4% on completion of sale of NPA worth ₹48,000 cr
The private lender has completed the sale of ₹48,000 crore stressed asset loan portfolio of the bank to JC Flowers Asset Reconstruction company.
Yes Bank picks JC Flowers ARC as partner to sell stressed loans worth ₹48,000 cr
The private lender says it has decided that the JC Flowers ARC will be the base bidder for a proposed sale of an identified stressed loan portfolio of the bank.
