Japan’s bank to buy up to 24.99% stake in Yes Bank: SMBC approves RBI, even after the deal it will not be considered a promoter of the bank.

Japan’s bank to buy up to 24.99% stake in Yes Bank: SMBC approves RBI, even after the deal it will not be considered a promoter of the bank.

Mumbai52 minutes ago Copy link Yes Bank shares fell 21% in a year. Sumitomo Mitsui Banking Corporation (SMBC) of Japan will buy a stake in Mumbai’s Private Sector Bank Yes Bank. SMBC has received approval from the Reserve Bank of India (RBI) for this purchase. This information has been given by Yes Bank in stock…

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Yes Bank’s third-wage profit increased by 165% to ₹ 612 crore: Total income increased 16.3%, net interest income increased by 10.2% to ₹ 2,224 crore

Yes Bank’s third-wage profit increased by 165% to ₹ 612 crore: Total income increased 16.3%, net interest income increased by 10.2% to ₹ 2,224 crore

Mumbai41 minutes ago Copy link Yes Bank’s standalone net profit in the October-December quarter increased to ₹ 612 crore on a annual basis. It was ₹ 231 crore in the same quarter of last year. However, the bank’s net profit has increased by 10.7% on a quarterly basis. The bank’s profit was Rs 553 crore…

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