BSE seeks clarification from Yes Bank on SBI buying stake

New Delhi: The Stock exchange has sought clarification from Yes Bank on the news of Government approving a plan to allow an SBI-led consortium to buy a stake in the private lender.

The Exchange has sought clarification from Yes Bank on March 5, 2020, with reference to news flashed on Bloomberg dated March 05, 2020, quoting “Government is said to have approved @TheOfficialSBI’s plan to buy stake in @YESBANK, said to ask SBI to form consortium for Yes Bank stake”, Yes Bank said in a filing. “Reply is awaited”, BSE said. (IANS)

Also Read: SBI Cards IPO subscribed 3.32 times in weak market

Also Watch: Ex-AAGSU president Prem Tamang joins BJP