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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 ...

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 ...

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 ...

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 ...

Yes Bank share sale is proposed to take place at a price of ₹21.50 per equity share. Yes Bank share price rallied over 8% in early trade on Monday after Japan’s Sumitomo Mitsui Banking ...

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

An all-out public altercation between a SBI bank official and a customer in Karnataka has reignited the ongoing language row in the state. The incident quickly became viral eliciting a response ...

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 ...

Japanese financial services giant Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy a 20% stake in YES Bank in what would be the largest cross-border transaction in the Indian banking ...