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Any increase in the 26% cap on voting rights, or the 15% investment threshold, could encourage foreign bank investors, Fitch ...
The report notes that despite the limits, SMFG's 20 per cent stake will make it the largest shareholder in YES BANK, with two ...
Sumitomo Mitsui Banking Corporation (SMBC), a Sumitomo Mitsui Financial Group subsidiary, announced plans to acquire a 20 ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Fitch Ratings says SMFG's 20% stake in Yes Bank could open doors for other foreign banks in India's banking sector, despite ...
Sumitomo Mitsui Financial Group's potential acquisition of a 20% stake in Yes Bank could reshape foreign investment in Indian ...
Yes Bank deserves a double rating upgrade after posting sequential growth in profits and the fact that State Bank of India ...
India's Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said ...
Yes Bank announced signing of a share purchase agreement between SMBC and Yes Bank along with the investors of the domestic ...
India's foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, ...