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Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.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 ...
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...
How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...
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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 ...
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 ...
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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 ...
Upon completion of the deal, Sumitomo Mitsui will be the biggest shareholder of Yes Bank, whose earnings have recovered since ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
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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