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As part of RBI bailout, SBI to pick up 49% in Yes Bank

Yes Bank Issue Approx Read Time: 5 minutes In News: Yes Bank Issue The Reserve Bank of India (RBI) has announced a draft reconstruction scheme for the troubled Yes Bank, aimed at protecting depositors’ funds while bringing in the State Bank of India as an investor. The government has also placed a moratorium (a temporary …

Read moreAs part of RBI bailout, SBI to pick up 49% in Yes Bank