Sumitomo Mitsui Banking Corporation of Japan has signed a deal to buy a 20% stake in Yes Bank. The deal is worth ₹13,483 crore. State Bank of India and seven private banks are selling their shares. The transaction awaits regulatory approvals. This investment marks a significant step for Yes Bank's growth.
from Banking/Finance-Industry-Economic Times https://ift.tt/MFAqCbZ
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