Yes Bank board meeting to vet Advent, Carlyle billion dollar investment

​​Since the last few weeks, Carlyle’s top brass from Singapore along with Advent’s leadership have held a series of meetings this week with the senior management of Yes Bank and the State Bank of India (SBI), the largest shareholder of the private lender, as well as Reserve Bank of India (RBI) officials to fine-tune the contours of the plan, which will be undertaken in phases.

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