<p>The SBI stock was trading higher by over 12 per cent after plunging 13.39 per cent to hit its 52-week low in early trading hours.</p>.<p>On the BSE, the stock hit a high of Rs 232.95, gaining over 9 per cent.</p>.<p>On the NSE, it was trading 12.55 per cent higher at Rs 239.30.</p>.<p>The country's largest lender State Bank of India on Thursday said it has received approval to buy Rs 7,250 crore worth of shares in crisis-hit Yes Bank.</p>.<p>"The executive committee of central board (ECCB) at its meeting held on March 11 accorded approval for purchase of 725 crore shares in Yes Bank at a price of Rs 10 per share subject to all regulatory approvals," SBI said in a regulatory filing. </p>
<p>The SBI stock was trading higher by over 12 per cent after plunging 13.39 per cent to hit its 52-week low in early trading hours.</p>.<p>On the BSE, the stock hit a high of Rs 232.95, gaining over 9 per cent.</p>.<p>On the NSE, it was trading 12.55 per cent higher at Rs 239.30.</p>.<p>The country's largest lender State Bank of India on Thursday said it has received approval to buy Rs 7,250 crore worth of shares in crisis-hit Yes Bank.</p>.<p>"The executive committee of central board (ECCB) at its meeting held on March 11 accorded approval for purchase of 725 crore shares in Yes Bank at a price of Rs 10 per share subject to all regulatory approvals," SBI said in a regulatory filing. </p>