YES Bank May See 4.99% Stake Sale to SMBC: What Investors Should Know
The Indian banking sector is buzzing again, and this time the spotlight is on Sumitomo Mitsui Banking Corporation (SMBC) and YES Bank. Reports suggest that SMBC is exploring the possibility of acquiring up to a 4.99% stake in YES Bank from private equity (PE) investors. While the percentage might seem modest, the implications of such … Read more