Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
SBI unlikely to sell entire 26.14% stake in Yes Bank: Report
short by Ashley Paul / on Monday, 6 March, 2023
SBI is unlikely to sell its entire stake in Yes Bank after the RBI-imposed lock-in period ends on March 6, ET NOW reported. The lock-in period was imposed on March 5, 2020 citing Yes Bank's failure to raise new funding to cover its non-performing assets. According to Yes Bank's deal with Carlyle and Advent, SBI shareholding will drop to 24%.
read more at Times Now