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YES Bank's deal with Carlyle, Advent on $1 bn stake investment gathers pace

Carlyle's top executives and Advent's leaders in a series of meetings with Yes Bank and SBI's senior management, and RBI officials this week decided the contours of the investment plan

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Yes Bank is expected to issue nearly 2.6 billion warrants to Carlyle and Advent and allot the PE funds new shares under the deal.

BS Web Team New Delhi

2 min read Last Updated : Jul 22 2022 | 1:05 PM IST

After the proposed sale of YES Bank's bad loans to JC Flowers Asset Reconstruction Company, the private lender's plan to bring Carlyle and Advent on board for a potential $1 billion investment has now gathered pace, a report by The Economic Times reported on Friday.

The Carlyle Group's top executives from Hong

Topics : Reserve Bank of India YES Bank The Carlyle Group Advent International State Bank of India YONO Bad loans banks bad loans Carlyle

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