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SBI, Axis Bank say Kotak Mahindra Bank best suited to acquire YES Bank

Updated : December 17, 2019 04:04 PM IST

YES Bank's capital raising plan is also passing through uncertainties.
According to some watchers, acquiring a bank can help Uday Kotak reduce promoter's stake in KMB.
YES Bank had to cut its book size by 7 percent in the September quarter because of the capital constraints.
SBI, Axis Bank say Kotak Mahindra Bank best suited to acquire YES Bank

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