State of Bank of India chairman Rajnish Kumar said that SBI has received the draft scheme of resolution for cash-strapped Yes Bank. The SBI chief further said that the board has given in-principle approval to explore the possibility of picking up 49 per cent stake. "Plan has been received by SBI and the legal team is doing due diligence of the draft scheme. We had informed through the stock exchange that the SBI board has given in-principle approval of exploring the possibility of picking up a stake of upto 49% in Yes Bank," Rajnish Kumar said.