<p> A day after the RBI superseded the board of India's fourth-largest private sector lender Yes Bank, State Bank of India (SBI) Chairman Rajnish Kumar on Friday said the problem at hand is lender-specific and not sectoral.</p>.<p>On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.</p>.<p>"The RBI has said they will come out with a restructuring plan (for Yes Bank)," Kumar told reporters after meeting Finance Minister Nirmala Sitharaman.</p>.<p><strong><a href="https://www.deccanherald.com/business/yes-bank-news-live-updates-no-clue-about-yes-banks-situation-says-ex-md-rana-kapoor-811048.html" target="_blank">Follow All The Live Updates Of Yes Bank Here</a></strong></p>.<p>The resolution will come "very shortly," he said without elaborating.</p>.<p>The Reserve Bank on Thursday placed Yes Bank under a moratorium and imposed limits on withdrawals.</p>.<p>"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."</p>.<p><a href="https://www.deccanherald.com/business/economy-business/markets-live-nifty-down-320-points-sensex-plunges-1000-yes-bank-stock-down-57-811053.html" target="_blank"><strong>Want To Know What's Happening In Market Today? Follow DH Live Updates</strong></a></p>.<p>On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.</p>.<p>"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.</p>.<p>The RBI has capped withdrawals from Yes Bank at Rs 50,000 for the next one month and imposed strict limits on operations after the cash-starved lender faced "regular outflow of liquidity" after an effort to raise new capital failed. </p>
<p> A day after the RBI superseded the board of India's fourth-largest private sector lender Yes Bank, State Bank of India (SBI) Chairman Rajnish Kumar on Friday said the problem at hand is lender-specific and not sectoral.</p>.<p>On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.</p>.<p>"The RBI has said they will come out with a restructuring plan (for Yes Bank)," Kumar told reporters after meeting Finance Minister Nirmala Sitharaman.</p>.<p><strong><a href="https://www.deccanherald.com/business/yes-bank-news-live-updates-no-clue-about-yes-banks-situation-says-ex-md-rana-kapoor-811048.html" target="_blank">Follow All The Live Updates Of Yes Bank Here</a></strong></p>.<p>The resolution will come "very shortly," he said without elaborating.</p>.<p>The Reserve Bank on Thursday placed Yes Bank under a moratorium and imposed limits on withdrawals.</p>.<p>"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."</p>.<p><a href="https://www.deccanherald.com/business/economy-business/markets-live-nifty-down-320-points-sensex-plunges-1000-yes-bank-stock-down-57-811053.html" target="_blank"><strong>Want To Know What's Happening In Market Today? Follow DH Live Updates</strong></a></p>.<p>On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.</p>.<p>"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.</p>.<p>The RBI has capped withdrawals from Yes Bank at Rs 50,000 for the next one month and imposed strict limits on operations after the cash-starved lender faced "regular outflow of liquidity" after an effort to raise new capital failed. </p>