Legal21 Jun 2025, 03:40 pm
Yes Bank Ltd Receives INR 201 Crores in Full Settlement of a NPA
AI Summary
Yes Bank Ltd has executed an One Time Settlement (OTS) in connection with a Non Performing Advance (NPA). The borrower has paid INR 201 crores in full and final settlement of the monies owed to the Bank. The net amount received is more than the materiality threshold as prescribed under the amended Listing Regulations, hence the disclosure in terms of Regulation 30 of Listing Regulations.
Key Highlights
- Yes Bank Ltd receives INR 201 crores in full settlement of a NPA
- The settlement is in accordance with the One Time Settlement (OTS)
- The net amount received is more than the materiality threshold as per the amended Listing Regulations
- The disclosure is made in terms of Regulation 30 of Listing Regulations
- The weblink of the settlement information is hosted on the Bank’s website