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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 ...
Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
Yes Bank shares rose 2.35% after the SMBC stake deal worth ₹13,482 crore, the largest-ever in Indian banking, though the ...
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.
SMBC signed a definitive agreement on May 9, 2025, to purchase the stake through a secondary deal: 13.19% from State Bank of ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
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 ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
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 ...