SBI: YES Bank rescue math by Monday, due diligence underway

Aaj Tak 2020-07-02

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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.

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