New Delhi: YES Bank shares will be in focus on Tuesday as reports suggested that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has got the green signal from Reserve Bank of India (RBI) to own 51 percent stake in the Mumbai-headquartered private lender.
Mint reported that Sumitomo Mitsui Banking Corporation is expected to purchase less than 26 percent in YES bank through a share swap deal or buy up to 26 percent and launch an open offer.
YES Bank shares will be in focus on Tuesday as reports suggested that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has got the green signal from Reserve Bank of India (RBI) to own 51 percent stake in the Mumbai-headquartered private lender. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
