Prøve GULL - Gratis
SMBC gets RBI approval to acquire up to 25% in Yes Bank
Business Standard
|August 25, 2025
Sumitomo Banking Corporation (SMBC) has received approval from the Reserve Bank of India to acquire up to 24.99 per cent stake in Yes Bank, the latter said in an exchange filing.
-
In May, SMBC proposed to acquire 13.19% stake from State Bank of India and 6.81% from seven other banks, totalling 20 per cent, for 13,483 crore.
Denne historien er fra August 25, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
ADB flags India’s oil vulnerability as tensions rise
Asian Development Bank (ADB) on Friday warned that India’s limited crude oil reserves of about 100 million barrels — sufficient for only 40-45 days of consumption — leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
2 mins
March 07, 2026
Business Standard
Govt bond yields surge amid rising crude oil prices
RBI announces %1 trn worth of bond purchase
1 mins
March 07, 2026
Business Standard
Co-borrowers must ensure they are co-owners of property
WOMEN HOME LOAN BORROWERS
2 mins
March 07, 2026
Business Standard
Rising defence-related opportunities may boost BEL stock
THE COMPASS
3 mins
March 07, 2026
Business Standard
Focus on making agri products globally competitive: Modi
Prime Minister Narendra Modi on Friday asked farmers to leverage India’s diverse climate to increase productivity and export strength, and stressed on scaling up high-value crop produce to make the country’s agri products globally competitive.
1 mins
March 07, 2026
Business Standard
'An existential war' for Iran: Dy foreign minister
The conflict in West Asia, which began with the United States and Israel attacking Iran last week, has turned into “an existential war” for his country, Iranian Deputy Minister of Foreign Affairs Saeed Khatibzadeh (pictured) said in New Delhi on Friday.
1 mins
March 07, 2026
Business Standard
‘Technolegal approach of India on AI pragmatic’
India’s techno-legal approach of having soft regulations and suggestive frameworks for artificial intelligence (AI) governance is pragmatic, as the technology will change its nature every few years over the next decade, said Ivana Bartoletti, Wipro’s Global Chief Privacy and AI Governance Officer.
1 mins
March 07, 2026
Business Standard
Iconic Marrakech hotel turns its attention to India
‘The director general of La Mamounia, often ranked among the world’s top luxury hotels, is currently in India in an effort to introduce the landmark from Marrakech, Morocco, to the Indian traveller.
3 mins
March 07, 2026
Business Standard
The Iran war and its aftermath
Prime Minister Narendra Modi paid a highly publicised visit to Israel on February 25 and 26.
4 mins
March 07, 2026
Business Standard
Down 3%, Indian stocks log worst week in over one year
Abarrel of West Texas Intermediate topped $85 for the first time since April 2024.
1 mins
March 07, 2026
Listen
Translate
Change font size