SBI: YES Bank rescue math by Monday, due diligence underway
  • 4 years ago
The State Bank of India(SBI) has extended a helping hand to crisis-hit YES Bank on Saturday. SBI Chairman Rajnish Kumar told reporters that the rescue of Yes Bank was a must, less than two days after the Reserve Bank of India (RBI) took control of the bank and said it would work on a revival plan. Discussion on execution of the plan is underway. Also, RBI nod for the same is awaited. Watch this report to know what SBI chairman said.