New Delhi: Yes Bank on Friday said it has received settlement proceeds of ₹282 crore from a borrower under a one-time settlement (OTS) agreement, marking a fresh recovery from a stressed account and offering a boost to its asset resolution efforts.
In a filing to stock exchanges, the private lender said it had executed an OTS agreement on November 27, 2025, under which the borrower agreed to pay ₹288 crore in full and final settlement of outstanding dues. Of this, ₹282 crore has been received, and the bank expects the balance amount shortly.
The bank added that the net amount received—after adjusting for the underlying net carrying value of the NPA—exceeds the materiality threshold prescribed under the amended listing regulations, necessitating a disclosure under Regulation 30.
Recoveries through OTS and other resolution mechanisms have been a key focus area for lenders as they look to clean up legacy stressed assets and improve balance-sheet metrics. While Yes Bank did not disclose the identity of the borrower, the receipt underscores ongoing progress in monetising bad loans and strengthening cash flows from recoveries.