Is SBI selling Yes Bank shares in a bulk deal? - Bank clarifies

Earlier today, a report by a leading publication claimed that 'SBI could be looking to sell Rs 5,000-7,000 crore worth of YES Bank shares via block deal'. Yes Bank shares opened with a gap-up but closed lower. In a brief statement on the bourses, SBI clarified its position on the report regarding selling Yes Bank shares in a bulk deal.