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Yes Bank’s Potential Investors Lay Down A Tough Condition: Exclusive

Besides pricing relaxations, Yes Bank’s potential investors are seeking specific assurance to safeguard their investment.



An elderly woman walks by a Yes Bank Ltd. automated teller machine (ATM) branch in Mumbai, India (Photographer: Kuni Takahashi/Bloomberg)
An elderly woman walks by a Yes Bank Ltd. automated teller machine (ATM) branch in Mumbai, India (Photographer: Kuni Takahashi/Bloomberg)
Yes Bank Ltd.’s potential investors have laid down a tough condition, which could make it challenging for the lender to strike a deal to raise capital.The Mumbai-based private lender received non-binding expressions of interest from JC Flowers & Co. LLC, Tilden Park Capital Management LLP, OHA (U.K.) LLP and Silver Point Capital, it disclosed to the stock exchanges on Feb. 12.According to two people with direct knowledge of the condi...
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