State Bank of India (SBI) has sold a 13.19% stake in Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC) of Japan for Rs 8,889 crore. The transaction is expected to be completed within 12 months.

SBI has accorded approval to divest 4,13,44,04,897 equity shares or 13.19 per cent of Yes Bank to Sumitomo Mitsui Banking ...

State Bank of India will divest a 13.19% stake in private lender Yes Bank to Japan's Sumitomo Mitsui Banking Corporation ...

Additionally, Federal Bank has also announced that it will be selling 0.5% stake in Yes Bank, at ₹21.5 per share. The stake ...

In a strategic move, the State Bank of India (SBI) has approved the sale of a 13.19% stake in Yes Bank Limited to Sumitomo ...

SBI will offload 4,13,44,04,897 equity shares of Yes Bank, amounting to 13.19%, to Sumitomo Mitsui Banking Corporation at ₹21 ...