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Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
SBI's investment in Yes Bank yields 14.5% return, selling stake to SMBC for profit, benefiting other banks as well.
In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui ...
How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
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ET Now on MSNYes Bank share price target 2025: 20% stake sale by SBI, 7 others; analyst predicts big move in stockSBI and 7 other banks will sell their 20 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation. An analyst has ...
In a recent development, the country’s largest bank, the State Bank of India (SBI) announced that it has decided to sell a ...
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...
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GlobalData on MSNSMBC to purchase 20% stake in India’s YES BankThe transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Yes Bank share price has jumped 21% in one month, and the stock is up 6% YTD. While Yes Bank shares have fallen 7% in one ...
Yes Bank's shares saw a 2% rise after SBI and other lenders sold a 20% stake to Japan's Sumitomo Mitsui Banking Corporation ...
Shares of YES Bank surged as much as 9 per cent during the trading session on Monday after the private lender announced ...
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