J.C. Flowers & Co. acquires NPA portfolio from YES BANK
J.C. Flowers & Co. said that the J.C. Flowers Asset Reconstruction Company (ARC) has closed the acquisition of a pool of nonperforming assets (NPAs) from YES BANK, an Indian private sector bank. The acquired NPAs have a principal balance of INR 480 billion ($6 billion), said the American private investment firm. Prashant Kumar — YES […]