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The Ministry of Finance has notified the reconstruction scheme proposed by the Reserve Bank of India (RBI) for private sector lender YES Bank, that will be led by State Bank of India (SBI), the investor bank.
The other investors in the plan include HDFC, ICICI Bank, Axis Bank, Kotak Mahindra Bank, The Federal Bank, Bandhan Bank and IDFC First Bank.
The SBI board has cleared the plan for the Public Sector Bank to invest Rs. 7,250 crore in YES Bank.
According to the Yes Bank release to the Bombay Stock Exchange, here are the equity strength of new investors.