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Question

Which bank to sell stressed assets worth Rs 48k cr to JC Flowers ARC, a US-based asset reconstruction company?

Options:
A .  Yes Bank
B .  HDFC Bank
C .  ICICI Bank
D .  Axis Bank
Answer: Option A
Yes Bank is to sell stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio.

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