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

Update: 2010-09-15 00:00 GMT

NEW DELHI, March 14: ICICI Bank on Friday said its board has approved investing Rs 1,000 crore in Yes Bank.

"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. - PTI

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