Yes Bank stake sale: SBI seals 13.18% divestment to Japan's SMBC; largest cross-border deal in banking sector
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
State Bank of India has divested approximately 13.18% of its stake in Yes Bank Limited to Sumitomo Mitsui Banking Corporation, a prominent Japanese bank. This transaction marks a significant cross-border investment in India's banking sector. SBI remains a key shareholder with around 10.8% stake, continuing its support since the 2020 restructuring. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
