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SBI to invest $977 million in Yes Bank

The State Bank of India (SBI) announced Thursday it would invest Rs. 72.50 billion ($977 million) in embattled Yes Bank as part of a...

SBI to take 49% stake as government sets out Yes Bank rescue

Indian government has laid out a rescue plan for Yes Bank on Friday under which State Bank of India will take a 49% stake in the...

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