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

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