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/ 1 A"# & B & B B "$%&"'( ) RNI Regn. No. MPENG/2004/13703, Regd. No. L-2/BPLON/41/2006-2008 7- % ! 89""# :: 7, 3 , ,%-. )%*+ &%'( 6'12'13 /1" 6236 3'1%6 >?/1"32412 <,==3 31 3 = 6% 1%.3 =6 ,-36=/#%- 6 0#3 03 ",>"3-3,3 !" * + *,-,-. / 8&@) $ %'( $) 4,#,2", 0#, R 0/,1 reduce its holding below 26 per the SBI said. Earlier, addressing cent before completion of three the media in the afternoon, SBI s part of its effort for a years from the date of infusion chairman Rajnish Kumar Aspeedy resolution of the of the capital, the country’s clearly outlined what the pub- Yes Bank crisis and protect the largest lender said in a state- lic sector giant formally decid- interest of depositors, the ment. It further said the new ed later in the evening. Kumar Government has decided to board of Yes Bank will said the SBI has set a maximum rely on the State Bank of India have CEO and MD, investment limit of 10,000 (SBI) to pilot the distressed non-executive chair- crore, which could be provid- ! private sector lender through man and non-execu- ed as a long term soft loan to the turbulent times. tive directors. the Yes bank. !!"# $ The SBI will acquire 49 per “All the employ- He said involvement of the % & cent stake in the Yes Bank for ees of the recon- SBI in resolving the crisis at the ! which it will be issued structed bank shall private lender will allay fears of ' # 245-crore shares continue in its investors and depositors.
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