Quarterly Updates31 March 2026 at 02:01 pm
Yes Bank Ltd Receives INR 210 Crores from Two Trusts in Security Receipts Portfolio
AI Summary
Yes Bank Ltd has received an aggregate amount of INR 210 crores from two separate trusts in the Security Receipts Portfolio. The funds received from each trust are in excess of the underlying carrying value, surpassing the materiality threshold as per the amended Listing Regulations. This disclosure is in reference to the sale of NPA Portfolio to JC Flower Asset Reconstruction Private Limited on December 17, 2022.
Key Highlights
- Yes Bank Ltd receives INR 210 crores from two trusts in the Security Receipts Portfolio.
- The funds received from each trust exceed the underlying carrying value, surpassing the materiality threshold.
- This disclosure is in reference to the sale of NPA Portfolio to JC Flower Asset Reconstruction Private Limited on December 17, 2022.
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