Asia/Pacific

Yes Bank sells UB shares

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Yes Bank sells UB shares

Yes Bank, which is a creditor of Kingfisher, has invoked 3.02% stake of United Breweries, which was pledged by McDowell Holdings, a unit of UB Group, by selling shares worth Rs.778 crore. The move comes after the State Bank of India (SBI) declared Vijay Mallya, Kingfisher Airlines and its holding co...

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