India: PE firms seek clarity on Yes Bank's exposure to stressed accounts

India: PE firms seek clarity on Yes Bank's exposure to stressed accounts

Photo: Bloomberg

Private equity investors Blackstone Group, Apax Partners and Warburg Pincus are seeking more details of Yes Bank Ltd’s exposure to stressed loan accounts before committing to an equity infusion, potentially delaying the lender’s fundraising plan, two people directly aware of the negotiations said.

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