NIFTY 50

SPGP Holdings, backed by Canada-based Erwin Braich, the only large investor for Yes Bank

Updated : November 29, 2019 09:19 PM IST

Private equity firms like Advent, TPG Capital and Carlyle had spent a lot of time discussing investment opportunity in Yes Bank but none of them fructified.
Yes Bank needs to shore up its tier 1 capital to provide enough cushion for its requirement to provide for several stressed assets in the corporate lending book.
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