Informative

This Japanese lender's global head is visiting India to discuss buying Yes Bank stake | Company Business News

Update / Judgement Date

12 Aug 2024

Source

Livemint

Author

Team — WCP Legal Desk

Reading Time

1 min read

BankingInvestment Banking

YES Bank is reportedly in talks with Sumitomo Mitsui Banking Corporation (SMBC) and other potential buyers for a stake sale. The bank's efforts to attract strategic investors are part of its broader strategy to strengthen its capital base and expand its business operations. This development marks a significant move in the bank's ongoing restructuring and growth plans.

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This Japanese lender's global head is visiting India to discuss buying Yes Bank stake | Company Business News

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