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Yes Bank, India's fourth largest private lender, is in early talks to sell 15% of itself to Microsoft. This comes after the bank lost nearly 75% of its stock value from beginning of the year. Up until 2018, Yes Bank used to be a darling of Dalal street, so what happened that is causing this fire sale? Let's dig in...
By Yashika ShahYes Bank, India's fourth largest private lender, is in early talks to sell 15% of itself to Microsoft. This comes after the bank lost nearly 75% of its stock value from beginning of the year. Up until 2018, Yes Bank used to be a darling of Dalal street, so what happened that is causing this fire sale? Let's dig in...