StockPe
@stockpe
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Following
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Official Twitter handle of StockPe.
Joined June 2022
StockPe has now reached 100K users and we couldn't have done it without you. 🎉 Thank you for being part of our journey toward financial success! 💰
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6/ SBI board is likely to meet soon to decide on the future of its stake in Yes Bank. It's like going to therapy to figure out your relationship issues.
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5/ The reconstruction scheme required lenders to hold at least 75% of acquired shares for three years.
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4/ SBI, ICICI Bank, Axis Bank, IDFC FIRST Bank, Kotak Mahindra Bank, and HDFC had to rescue Yes Bank in March 2020 after the RBI said "No"👎. It's like being a superhero🦸, but not really.
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3/ SBI can't reduce its stake below 26% before three years from the date of capital infusion. It's like being stuck in a relationship you want to end but can't.
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2/ SBI, India's largest bank 🏦, was holding 49% of Yes Bank, but now it's down to 26.14%.
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1/ SBI may finally say "Yes" to lowering its stake in Yes Bank after the lock-in period ends on March 13th. It's like breaking up💔, but not really.
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SBI holds 26.13% of YES Bank but it can't sell its stake. To know why? Check this thread🧵
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4/ SBI, ICICI Bank, Axis Bank, IDFC FIRST Bank, Kotak Mahindra Bank, and HDFC had to rescue Yes Bank in March 2020 after the RBI said "No"👎. It's like being a superhero🦸, but not really.
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3/ SBI can't reduce its stake below 26% before three years from the date of capital infusion. It's like being stuck in a relationship you want to end but can't.
1
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2/ SBI, India's largest bank 🏦, was holding 49% of Yes Bank, but now it's down to 26.14%.
1
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0
1/ SBI may finally say "Yes" to lowering its stake in Yes Bank after the lock-in period ends on March 13th. It's like breaking up💔, but not really.
1
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0
2/ SBI, India's largest bank 🏦, was holding 49% of Yes Bank, but now it's down to 26.14%.
0
0
0
1/ SBI may finally say "Yes" to lowering its stake in Yes Bank after the lock-in period ends on March 13th. It's like breaking up💔, but not really.
1
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0