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SBI Keen To Sell 24% Stake In Yes Bank
International investors are being preferred for SBI’s stake in Yes Bank, according to a person in the know.
09 Jul 2024, 06:28 PM IST
India’s largest lender State Bank of India is keen to sell its stake in Yes Bank, as it looks to exit an investment it made four years ago.According to two people in the know SBI has expressed interest to offload its entire 23.99% stake in Yes Bank. The investment was part of a rescue plan led by SBI to save Yes Bank in March 2020.The seller is yet to find a suitable buyer, as it assesses potential plans for the same. However a final...
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