Yes Bank assigns credit exposure in Jaypee Cement to Assets Care
Updated : September 28, 2018 11:30 PM IST
Earlier in 2017, the debt-ridden Jaiprakash Associates had proposed to sell entire 74 percent stake in Bhilai Jaypee Cement Ltd for an enterprise value of Rs 1,450 crore.
However, bank's credit exposure to the Japyee Cement Corp could not be ascertained.
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