Yes Bank and SBI did not immediately respond to requests for comment.
Bengaluru: Shares of Yes Bank Ltd soared 17 per cent on Thursday after a report that the Indian government has approved a plan for top lender State Bank of India to lead a consortium that will buy a stake in the troubled private-sector bank.
SBI shares slid 5.4%, after local TV channel CNBC-TV18 cited https://twitter.com/cnbctv18live/status/1235431015851503616?s=21 the report by Bloomberg.
Yes Bank and SBI did not immediately respond to requests for comment.
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