SBI's investment in Yes Bank yields 14.5% return, selling stake to SMBC for profit, benefiting other banks as well.

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...

SBI and 7 other banks will sell their 20 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation. An analyst has ...

Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...

How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...

Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...

TV18 that the lenders of Yes Bank, who had rescued the bank back in 2020, have been given a good exit. He added that if this ...

The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...

The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share, a day after it rallied another 11 per ...

Yes Bank share price has jumped 21% in one month, and the stock is up 6% YTD. While Yes Bank shares have fallen 7% in one year, the baking stock has rallied 30% in two years.

Shares of YES Bank surged as much as 9 per cent during the trading session on Monday after the private lender announced ...

Of the 20 per cent stake, SBI would dilute 13.19 per cent stake in Yes Bank in favour of SMBC for a consideration of Rs 8,889 ...