SBI held a 23.97% stake in YES Bank as of the March 2024 quarter. Following the deal, its stake in the company would drop to 10.78%. The stake sale is subject to receipt of all regulatory and ...

YES Securities has conducted an exhaustive analysis of Indian banks, focussing on their net interest margins (NIM) amid shifting rate policies. The brokerage firm highlights its preference for ...

Investor radar on SBI and HDFC Bank - a tale of public vs private banking giants as numbers and dividends roll out. (Image: Canva) The banking space is buzzing with action. The country’s largest ...

The sale follows Yes Bank's 2020 rescue, with SBI retaining just over 10% stake after the deal. 'Did not want to...': Pak def min gives absurd excuse for army's failure to withstand Op Sindoor ...

Speaking on the impact of SMBC's stake on Yes Bank, Prashanth Tapse, AVP — Research at Mehta Equities, said, "The proposed SMBC and SBI transaction has the potential to be a game-changing move ...

State Bank of India (SBI) will laugh all the way to the bank on the investment it made in 2020 to rescue Yes Bank. This investment has yielded a healthy return of about 14.5 per cent so far ...

The State Bank of India (SBI) and seven private sector lenders, who had invested in Yes Bank during its reconstruction in 2020, have announced the sale of a 20% stake in the bank to Japan-based ...

Investor-Banks led by State Bank of India (SBI) seem to have finally zeroed in on an investor to sell their investment in YES Bank (YBL). Japanese financial conglomerate Sumitomo Mitsui Banking ...

Tokyo-headquartered EdgeCortix aims to develop chips for edge AI, a rapidly growing field that involves running applications ...

State Bank of India (SBI) has reopened talks with SMBC to pick up a controlling stake in the Mumbai headquartered lender, sources said. While talks first started in 2024, this time, the deal terms ...

SBI, which owns 23.97% in the sixth largest private sector bank, will sell a 13.19% stake for Rs 8,889 crore, while the other banks -- Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank ...