RBI SBI

RBI on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Nifty PSU Bank, Nifty Private Bank, Nifty Auto and Nifty Realty indices were up 2% as compared to 1.6% rise in the benchmark Nifty 50 index at 10:31 am

SBI, Union Bank of India, Bank of Baroda, Punjab National Bank and ICICI Bank were down in the range 1% to 2%.