Mission to save Yes Bank: SBI to submit rescue plan to RBI in a week

The proposal may entail Rs 6,000 crore investment for 26% stake and a similar amount to be invested by a group of global investors. The RBI is also firming up plans to provide liquidity support of at least Rs 8,000-10,000 crore to stem any flight of deposits once the moratorium on Yes Bank is lifted.

from Banking/Finance-Industry-Economic Times https://ift.tt/2VZlt0w
via Latest News of India