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SBI will sell a 13.19 per cent stake in YES Bank at ₹21.50 per equity share for ₹8,889 crore. SBI’s shares ended trading 1 per cent higher at ₹779.40 apiece on the BSE, while YES Bank ...
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 ...
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 ...
Meanwhile, Kotak Mahindra Bank, which also declared its quarterly results on Saturday, reported NIM of 4.97 % in the fourth quarter of FY25 vis-à-vis 5.28% a year earlier. Meanwhile, SBI grew its ...
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 ...
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 ...
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 ...
However, Net Interest Income increased. The bank's asset quality improved. Gross NPA and net NPA ratios declined. SBI plans to raise equity capital during fiscal year twenty six. The bank declared ...
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 ...
Shares of State Bank of India (SBI), India's largest PSU bank, are under pressure today, i.e. on May 5, 2025. The dip comes after the bank announced its quarter results and reported a 10 per cent ...
The State Bank of India has announced the SBI CBO Cut Off 2021 separately after the completion of every selection round. Those who clear the cutoff marks of the Online & Descriptive Exam ...