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SBI to invest at least ₹12,000 crore in Yes Bank by April 3, RBI proposes
short by Krishna Veera Vanamali / on 06 Mar 2020,Friday
The RBI has released a draft reconstruction scheme for Yes Bank under which SBI will invest at least ₹12,000 crore for a 49% stake in the private lender by April 3. SBI shall not reduce its holding below 26% for three years. Yes Bank's board will be reconstituted and a new MD and CEO will be appointed.
short by Krishna Veera Vanamali / 05:50 pm on 06 Mar
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