Yes Bank: Yes Bank set to recover 50% of dues from sale of Katerra India debt

Yes Bank: Yes Bank set to recover 50% of dues from sale of Katerra India debt

Yes Bank is set to recover about half of its dues from Katerra India by selling loans of the company undergoing corporate insolvency. Prudent ARC on Monday matched a counter-offer by Asset Reconstruction of India (Arcil) for Katerra India at a Swiss challenge auction held by Yes Bank, said people with knowledge of the matter. … Read more