SBI, other lenders sell Yes Bank stake for Rs 13,483 crore in deal...

Dununu.com Dununu

Patrocinado

SBI, other lenders sell Yes Bank stake for Rs 13,483 crore in deal with Japan’s Sumitomo Mitsui Banking Corporation

RSS Feed Business

Postado

134

State Bank of India and other lenders are selling a 20% stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corporation for Rs 13,483 crore. This marks the largest cross-border investment in Indian banking, making SMBC the largest shareholder. The sale follows Yes Bank's 2020 rescue, with SBI retaining just over 10% stake after the deal.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Speaker holds talks with party whips to end parliamentary stalemate

KATHMANDU: Speaker of the House of Representatives Devraj Ghimire on Saturday held a meeting with...

Por 0 3

Flights disrupted at Taplejung’s Suketar Airport for two weeks

TAPLEJUNG: Taplejung’s Suketar Airport has remained non-operational for the past two weeks,...

Por 0 10

Sam Altman says AI now needs new hardware: Here’s what it means for the future of learning

Por 0 45

'Aircraft malfunction': Chinese domestic flight makes emergency landing in Nanjing

Shandong Airlines flight SC4667, traveling from Qingdao to Shanghai, made an emergency landing in...

Por 0 45

Yashasvi Jaiswal on brink of history, eyes 49-year-old record in Edgbaston Test

Yashasvi Jaiswal is on the verge of breaking Sunil Gavaskar's 49-year-old record to become the...

Por 0 47