“There will be 3 years lock-in period for SBI for up to 26% of their investment. For others, there will be a lock-in period of 3 yrs of 75% of their investment,” she said. “Authorised capital has been raised from Rs 1100 crores to Rs 6200 crores of Yes Bank to accommodate immediate and subsequent raising of capital requirements,” Finance Minister Nirmala Sitharaman said. | The Times of India

2.8K views · 22 reactions | Banking major SBI cut the FD rates for...