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

Effettua l'accesso per mettere mi piace, condividere e commentare!

National

Call for budget to implement constitution and strengthen federalism

KATHMANDU: Participating in the discussion on the principles and priorities of the appropriation...

By 0 7

Business

Wall Street mixed as Nasdaq climbs, Dow slips amid cooling inflations, US-China trade deal

US stocks showed mixed performance amid inflation data and US-China trade talks. The Dow Jones...

By 0 8

Entertainment

Neera Arya: First woman spy of Indian Army gets biopic

Neera Arya, India’s first female spy in the Indian National Army, bravely fought British...

By 0 8

Entertainment

Gérard Depardieu sentenced to 18 months for s*xual assault

French actor Gérard Depardieu was convicted of sexually assaulting two women during a 2021...

By 0 8

Entertainment

Namashi recalls dad Mithun was labelled as B-grade actor

Following Sunita Ahuja's criticism, Namashi Chakraborty echoes concerns about Bollywood's...

By 0 8