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What is Yes Bank Capital Injection about?

In March 2020, the Reserve Bank of India facilitated a capital injection of 100 billion Indian rupees into Yes Bank to prevent its collapse and maintain financial stability, following significant losses and governance issues. The capital came from a consortium of banks led by the State Bank of India, which acquired a 48.2% equity stake, and included a moratorium on withdrawals for depositors. By March 2022, Yes Bank returned to profitability, and by March 2023, investors had realized a 70% return on their c

Author
kyaths5401
Language
EN