13 Mar 2020

SBI Investment In Yes Bank Will Be For A Locking Period Of 3 Years

Finance minister Nirmala sitharaman on the reconstruction plan of Yes Bank has said that SBI will be investing 49% of equity shares in Yes Bank.

However other investors are also invited to invest in the share values of Yes Bank.

The investment of SBI in Yes Bank will be for a locking period of 3 years of its 26% of shares and SBI will not be allowed to sell these 26% share in the next 3 years.

For others investers this lock in period will be of 3 years on the investment and investor won't be allowed to sell its 75% of the share value investment.

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