SBI May Acquire Stake in Yes Bank on Govt's Order
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SBI May Acquire Stake in Yes Bank on Govt’s Order
SBI chairman Rajnish Kumar had indicated in January this year that ‘some solutions will emerge’ to steady Yes Bank, which has been on a prolonged quest to raise new capital.
https://www.news18.com/news/business/sbi-may-ac...
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Yes Bank will not be nationalised; SBI board meet concludes
Earlier today, news reports said the government may ask SBI to lead a consortium to buy stake in Yes Bank
Yes Bank has been struggling to find investors to raise funds worth $2 billion despite several efforts
https://www.livemint.com/industry/banking/yes-b...