Mission to save Yes Bank: SBI to submit rescue plan to RBI in a week - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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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 Industry-Economic Times
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