Bandhan Bank board approves investment of Rs 300 crore in Yes Bank
Updated : March 14, 2020 12:41 PM IST
In a regulatory filing, the private lender said its shareholding in the private lender will be 5 percent of the paid-up capital.
As per the scheme of reconstruction, 75 percent of the total investment of the bank would be locked in for three years.
ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank too on Friday said they will join the SBI-led consortium and invest in Yes Bank.