Will Yes bank be saved from SBI & RBI's plan of 49? | News@7

SBI chairman Rajnish Kumar on Saturday said the bank has time till Monday to respond back to the Reserve Bank of India (RBI) on the draft scheme for rescue of Yes Bank and it may or may not pick up 49 per cent stake.

"Whether SBI takes a 49 per cent or 26 per cent stake in Yes Bank will depend on the investment involved. We are also examining the interest received from some other investors. SBI board will take the final call on this," Kumar said.