Yes Bank may sell a part of wholesale loan book to SBI2 min read . Updated: 07 Jul 2020, 06:34 AM IST
- The private lender is looking to raise ₹700 crore by downselling its exposure in WKLT
- The equity capital will help Yes Bank increase its capital adequacy ratio which currently stands at 8.5%
Troubled private sector lender Yes Bank Ltd may sell a big chunk of its wholesale loan book to its lead investor, State Bank of India (SBI) to shore up liquidity, three people aware of the talks between the two lenders said.
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