Despite a higher offer, Cerberus lost out as it does not own an ARC- unlike JC Flowers, which operates an ARC. In order to place itself on ...

ARCION ARC’s bid is in partnership with Cerberus Capital, a strong contender for Yes Bank’s portfolio. JC Flowers ARC and Cerberus were the...

Yes Bank invited bids for its distressed loans portfolio, amounting to ₹51,000 crore, soon after the Reserve Bank of India in March 2021 re...

Yes Bank will likely hold a minority share in the proposed ARC in line with Reserve Bank of India (RBI) directions. The selected investor i...

SSG’s final offer after multiple revisions is an upfront cash payment of Rs 2,700 crore and a one year employment guarantee for the managem...

The scrip jumped as much as 30.86 per cent to Rs 21.20 against the previous close of Rs 16.20.

How long can Band-Aids work against deep wounds that require direct surgery?

SBI has been reportedly asked by the govt to form a consortium for buying a stake in YES Bank.

Following this development, shares of YES Bank jumped 10% while those of SBI fell 5%.

A newspaper report said the company is seeking to raise fresh equity capital worth $300-$500 million from mutual funds.

The fourth-largest private lender had earlier said it has delayed its third-quarter earnings as the bank is reviewing non-binding expressio...

SSG’s final offer after multiple revisions is an upfront cash payment of Rs 2,700 crore and a oneyear employment guarantee for the manageme...

Hinduja Group is partnering with Cerberus Capital Management LP to pick up a stake in the bank.

Representatives of Cerberus and Hinduja group met RBI officials earlier this month.

The revised terms, submitted on Friday, include upfront payment of ₹2,500 crore to lenders.

US-based Varde plans to repay the lenders in full; Altico CEO Sanjeev Agrawal resigns

Altico has proposed to repay their dues in full in a staggered manner over the next five years.