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JC Flowers ARC seeks bids to sell ₹2,613 cr of loans

Business Standard

|

November 05, 2024

JC Flowers Asset Reconstruction Company, acting as a trustee of JCF YES Trust, is seeking bids to sell ₹2,613 crore of outstanding retail and SME loans through a Swiss auction, which has been prompted by an anchor bid of ₹237.5 crore.

- SUBRATA KUMAR PANDA

The anchor bid for the loan portfolio, which comprises 15,096 accounts, tr

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