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SBI To Invest ₹7,250 Cr To Revive Crisis-Hit Yes Bank
The largest lender in the country, the State Bank of India (SBI) on Thursday confirmed an investment of ₹7,250 crores in the crisis-hit Yes Bank.The executive board committee of SBI approved the purchase of 7.25 billion equity shares of Yes Bank at ₹10 each, subject to regulatory approval. SBI's...