Govt approves SBI's plan to buy stake in Yes Bank
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https://www.moneycontrol.com/news/business/govt...
The government has approved a plan for country’s largest lender, State Bank of IndiaNSE -0.35 %, to lead a consortium that will buy a stake in private lender Yes Bank, news agency Bloomberg reported on Thursday.
State Bank of India has been authorized to pick other members of the consortium and the announcement is expected soon, the report said.
Following the development, shares of YES Bank jumped 9.56 per cent to hit a high of Rs 32.10 on BSE. Shares of state-run SBI fell 3.01 ..
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https://economictimes.indiatimes.com/markets/st...
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sbi is planning to take stake in yes bank – a low percentage.
Yesbank ko khudko pata nai ki kaun kharid rha.
https://pbs.twimg.com/media/ESVwNqwU0AEKHxM?for...
1st time Yes Bank is saying hum nahi bik rahe. They issued clarification that sbi is not in talks. Nahi to har changu mangu ne yes bank kharidne ka plan bana rakha tha sources ki maane to.
these 2 rs banks i tell you. 2 kaudi ka bank!
Meanwhile retail investors
Is Yes bank heading towards a sarkari culture?