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

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

Posted

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!

International

‘Bribe, not gift,’ ‘stain on administration,’ ‘legal trouble’: GOP voices slam Donald Trump over $400 million Qatar jet deal

Donald Trump's acceptance of a private jet from Qatar has sparked a rare rift within the MAGA...

Von 0 4

Entertainment

Preity Zinta slams trolls linking her to Glenn Maxwell

Actress Preity Zinta, who is also the co-owner of Punjab Kings, has now responded to a troll on...

Von 0 7

National

Congress lawmaker Maya Rai charged in Suryadarshan Cooperative fraud case

KATHMANDU: Nepali Congress proportional lawmaker Maya Rai has been formally charged in connection...

Von 0 20

Entertainment

Paparazzi react to Virat Kohli's test retirement: Video

Virat Kohli's Test retirement shocked fans. Paparazzi confronted him at Mumbai airport. They...

Von 0 27

Business

Bharti Airtel Q4 profit surges nearly five-fold to Rs 11,022 crore on tariff hike, tax gains

Bharti Airtel's consolidated net profit surged to Rs 11,022 crore in Q4 FY25, a five-fold...

Von 0 29