The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan......
The Yes Bank Reconstruction Scheme 2020, shall come into force on March 13, the gazette notification said. The moratorium on Yes Bank will be lifted by March 18 and the new board led by......
Lifting of deposit withdrawal moratorium on March 18 could open flood gates and will require a calibrated approach along with active support and signaling from the RBI, government and investor......
The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5. Cash withdrawal restrictions......
With the Reserve Bank of India’s (RBI’s) draft reconstruction scheme for the troubled lender suggesting a permanent write-down of these bonds outstanding as of March 5, bondholders who......