SMFG’s 20% stake in Yes Bank may set precedent for foreign...

Dununu.com Dununu

Sponsor

SMFG’s 20% stake in Yes Bank may set precedent for foreign investment: Fitch

RSS Feed Business

Posted

65

Sumitomo Mitsui Financial Group's potential acquisition of a 20% stake in Yes Bank could reshape foreign investment in Indian private banks, potentially leading to greater foreign participation. Fitch Ratings suggests the deal, pending RBI approval, might set a precedent for similar transactions, as current regulations limit foreign investors' voting rights and direct investments.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

Kanti Lokpath to remain closed for four days

KATHMANDU: The Kanti Lokpath will be closed for four days starting Wednesday due to the...

By 0 3

NEET UG answer key 2025 released: Submit challenges online by this date, check direct link here

By 0 5

OPSC admit card 2025 for Medical Officer examination released at opsc.gov.in: Here is how to download hall tickets online

By 0 20

Transport Minister criticizes continued transport strike after deal

KATHMANDU: Minister for Physical Infrastructure and Transport, Devendra Dahal, has criticized...

By 0 22

Public transport strike continues, commuters suffer while ride-sharing thrives

KATHMANDU: For the second day in a row, people across Nepal faced major difficulties getting...

By 0 31