State Bank of India will reduce its stake in Yes Bank to just over 10%, while Japan’s SMBC will hold 20% after acquiring a 13.19% stake for 88.89 billion rupees ($1.04 billion).
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UK-INDIA-YES-BANK-State Bank of India to sell $1 billion stake in Yes Bank to Japan’s SMBC
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In April 2019, both countries agreed to pursue a further expansion of the PTA.
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The Confederation of Indian Industry (CII) on Friday expressed its solidarity and “unequivocal support” to the government and Indian armed forces for the decisive and strategic execution of ‘Operation Sindoor’ against Pakistan.
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The BFSI sector led in deal values in April 2025, accounting for 28% of the total, buoyed by Warburg Pincus and ADIA’s $862 million investment in IDFC First Bank—this year’s largest private equity deal. In contrast, pharma, healthcare, and biotech…
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Indian stock markets opened lower on Friday, with Sensex and Nifty declining due to heightened India-Pakistan tensions. Cross-border clashes, including missile strikes and drone attacks, have intensified, impacting investor sentiment and leading to widespread selling across sectors. Power Grid, ICICI…
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