Bandhan Bank to SBI- Who is investing in Yes bank?
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Bandhan Bank with an equity investment of Rs 300 crore becomes the newest addition to investors in the plan of reconstruction scheme for YES Bank. HDFC and ICICI Bank will invest Rs 1,000 crore each, while Axis Bank will put in Rs 600 crore. SBI had said it will invest Rs 7,250 crore while and Kotak Mahindra Bank will invest Rs 500 crore. The total investment proposal has reached ₹10,650 crore.