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SBI may sell ₹18,420-crore stake in Yes Bank by end-March: Report
short by Mansi Agarwal / on Tuesday, 13 August, 2024
SBI could sell its 24% stake in Yes Bank worth around ₹18,420 crore by the end of March, Reuters reported. "RBI has verbally okayed the proposal and due diligence is on," a source said, adding that SBI expects to make a profit of around ₹10,000 crore. Japan's Sumitomo Mitsui Banking Corp and Dubai's Emirates NBD are reportedly the interested buyers.
read more at Hindustan Times