Yes Bank share price jumps over 8% after Japan’s Sumitomo...

Dununu.com Dununu

Sponsorluk

Yes Bank share price jumps over 8% after Japan’s Sumitomo acquires a 20% stake

RSS Feed Business

Posted

81

Yes Bank's shares surged following Sumitomo Mitsui Banking Corporation's agreement to acquire a 20% stake for Rs 13,483 crore. This significant deal, five years after Yes Bank's rescue, involves SBI and other private banks offloading portions of their holdings. SMBC's strategic move signals a major expansion in the Indian market, potentially leading to majority control in the future.

Read Full Article

Please log in to like, share and comment!

Ravi Mohan’s luxury watch steals the spotlight

Actor Jayam Ravi attended producer Ishari Ganesh's wedding. He wore a golden silk outfit with...

By 0 2

Biryani Blues raises $5 million in funding round led by Yugadi Capital fund

By 0 3

Bangkok officials end search operation at the skyscraper that collapsed following an earthquake

Thai authorities concluded search operations at a collapsed Bangkok construction site, a month...

By 0 14

EĞİTİM BİLGİLERİ

PSEB Class 12th results to release on May 14: Check timings and steps to access marksheets here

By 0 19

Cipla Q4 profit jump 30% to Rs 1,222 crore; Board approves Rs 16 per share dividend

Cipla Ltd reported a robust 30% YoY increase in consolidated net profit, reaching Rs 1,222 crore...

By 0 28