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RBI moratorium imposed on YES Bank; Board superseded & withdrawals capped at 50K

RBI moratorium imposed on YES Bank; Board superseded & withdrawals capped at 50K State Bank of India Board has given in principal approval to consider an investment opportunity in YES Bank. In late night statement SBI has said 'No decision has really been taken so far to pick up a stake in the bank. The issue was discussed in the board meeting yesterday and board has given an approval of investment in YES Bank'

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