SBI Earns 14% IRR from Yes Bank Stake Sale, Says No Pressure to Retain or Exit Remaining Holdings: Chairman CS Setty
In a significant financial disclosure, State Bank of India (SBI) Chairman CS Setty confirmed that the bank has earned a pre-tax internal rate of return (IRR) of approximately 14% from its strategic investment in Yes Bank. The announcement comes as SBI completed a partial stake sale in the private sector lender, marking a successful culmination…