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On May 9, Yes Bank said the bank and the investors— SBI and a number of other banks--- had signed a share purchase agreement with SMBC. Market regulator the Securities and Exchange board of ...
and lead investor bank at Yes Bank, State Bank of India, has been provided with a premium exit, Kumar said. Per the definitive agreement, SBI will sell 13.19 per cent stake in Yes Bank at ₹21.50 ...
As part of the broader deal structure, the State Bank of India (SBI), Yes Bank’s largest existing investor, will sell a 13.19% stake, while other consortium banks that supported Yes Bank during its ...
Japanese-financial major SMBC is set to acquire 20 per cent stake in the YES Bank from State Bank of India (SBI) and seven other private banks- HDFC Bank, ICICI Bank, Kotak Mahindra Bank ...
SMBC would be contributing," Yes Bank's CEO Prashant Kumar told Reuters in an interview on Thursday. "It also means they (SMBC) would not like to get their stake below 20%." As part of the deal, SMBC ...
The YES Bank-SMBC deal will enable YES Bank to tap multinational and domestic corporates for their cash management and other non-lending service requirements, leading to higher gains on other ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
"For potential capital raises in the future, SMBC would be contributing," Yes Bank's CEO Prashant Kumar told Reuters in an interview on Thursday. "It also means they (SMBC) would not like to get their ...
Fidelity Bank Plc has rejoined the group of Nigerian companies with a market capitalisation of N1tn, following a 5.3 per cent rise in its share price from N19.95 to N21.00 at the close of trading ...
Stocks including YES Bank, Infosys, Hindustan Unilever, Eicher Motors, Jio Financial Services, State Bank of India, Wendt India and more will be in the spotlight on Thursday, May 15. YES Bank ...
The bank will appoint a global head of financial sponsors in due course, it said, reporting to Molly Duffy and Jerry Zhang, its global co-heads of financial institution coverage, with Duffy ...