SBI chairman Rajnish Kumar is sure of “some solutions will emerge” to save Yes Bank from failing

Rajnish Kumar’s statement follows speculation that the government, which controls State Bank of India, may ask the lender to play a role in bailiing out the private-sector Yes Bank. However, last month Kumar said it was “out of the question that SBI will do anything for Yes Bank.”

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TMrNYa