The State Bank of India will be ready with its rescue plan for Yes Bank on Monday, said its chief Rajnish Kumar in presser on Saturday, adding that the lender may or may not pick the entire 49% in the bank. The Reserve Bank of India (RBI) had yesterda placed the crisis-hit bank under a moratorium yesterday. Like in the cases of PMC and DHFL, the RBI has superseded the Yes Bank board for a period of 30 days and placed some stiff restrictions on the bank.
Equity mutual fund folios increase by 2.2% in April
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