Yes Bank stake sale news by SBI is incorrect.
On July 9th Tuesday Yes Bank clarified to Exchange that the “Yes Bank stake sale news by SBI is incorrect” did not got approval from RBI Bank.
On March 2020 a group of major banks and financial companies led by SBI has invested Rs 10,000 cores in Yes Bank to avert the collops of Yes bank which effected financial crisis.
On July 9th Mint published an article about SBI Bank stake sale report got green light from RBI. But the Yes Bank denied the report and dispel the baseless media article.
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