State Bank of India (SBI), India's largest lender, is actively seeking to divest its stake in Yes Bank, aiming to exit an investment made four years ago. Sources familiar with the matter indicate that SBI has indicated its intention to sell its entire 23.99% stake in Yes Bank, which was originally part of a rescue initiative led by SBI to stabilize Yes Bank in March 2020. However, finding a suitable buyer remains a challenge as the seller evaluates potential options for the sale.
#yesbank #sbi #stake
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