YES BANK announced the receipt of a significant redemption amount of INR 76 Crores. This redemption stems from a single trust within the Security Receipts Portfolio, relating to a loan portfolio previously sold to JC Flower Asset Reconstruction Private Limited (ARC) on December 17, 2022. Since the net realized value exceeded the established materiality threshold, the Bank formally disclosed this event as required under applicable disclosure norms. This transaction confirms progress in monetizing previously sold NPAs.
Key Disclosure on Asset Resolution
YES BANK has issued a formal disclosure regarding an important development in its asset resolution process. The Bank confirmed receiving a redemption amount totaling INR 76 Crores from a trust within its Security Receipts Portfolio. This portfolio originated from a Loan Portfolio Sale to J.C. Flower Asset Reconstruction Private Limited (ARC), which took place earlier on December 17, 2022.
Materiality and Reporting Obligation
The disclosure was necessitated because the net value realized from this redemption—calculated as redemption proceeds minus the net carrying value of the trust—surpassed the materiality threshold set by the governing regulations. Therefore, the event required immediate announcement under the relevant listing disclosure rules. This redemption represents a positive step in recovering value from the assets sold to the ARC.
Official Confirmation
The information was formally authorized by Prashant Kumar, Managing Director & CEO, and was disclosed to both the National Stock Exchange of India Limited and BSE Limited on February 09, 2026.
Source: BSE
