SBI says a 49% stake in Yes Bank will cost $331 mn

SBI Chairman Rajnish Kumar told reporters on Saturday the bank's capital infusion into rescuing Yes Bank would have a "very marginal" impact on SBI's capital adequacy ratio. On Thursday, the Reserve Bank of India (RBI) took control of Yes Bank, imposed limits on withdrawals to protect investors and said it would work on a revival plan.

from Banking/Finance-Industry-Economic Times https://ift.tt/2vL8gOl