ICICI Bank says to invest Rs 1,000 cr equity in Yes Bank

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New Delhi: ICICI Bank says to invest Rs 1,000 cr equity in Yes Bank; to hold stake in excess of 5 pc. A decision to this was taken after a high-level meeting on Friday. “This investment is likely to result in ICICI Bank Ltd holding in excess of 5 per cent shareholding in Yes Bank,” the lender said in a regulatory filing.”

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