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Agencies

SBI Rajnish Kumar, SBI Chairman said: "Plan has been received by SBI and the legal team is working on the plan. We had informed through the stock exchange that the SBI board has given in-principle approval of exploring the possibility of picking up a stake of up to 49% in Yes Bank."

"The total quantum of investment in YesBank is at Rs 2,450 crore. Depositors’ money not at risk at all," he added.