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Have set Rs 10,000 cr as upper limit for investment in YES Bank: SBI chief


State Bank of India (SBI) chairman Rajnish Kumar on Saturday said, the bank had received the draft scheme for the reconstruction of troubled private lender YES Bank and a legal team was evaluating the plan and doing its due diligence on it. He also said that the SBI has set an upper limit of Rs 10,000 crore for investment in YES Bank.

Kumar said that an investment team is analysing the balance sheet of the troubled private lender and SBI would go to the Reserve Bank of India (RBI) by March 9.




“Plan has been received

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