November 12, 2026
Business

SMBC rules out plans to raise stake in Yes Bank beyond current level(Soban News)

In August, SMBC received Reserve Bank of India’s approval to buy up to 24.99 per cent stake in Yes bank from State bank of India and seven other shareholders after having inked a deal in May

​In August, SMBC received Reserve Bank of India’s approval to buy up to 24.99 per cent stake in Yes bank from State bank of India and seven other shareholders after having inked a deal in May by Soban News (international And National News)

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