Question
As per RBI’s approval (letter dated 22 August 2025),
what is the maximum percentage of stake that SMBC can acquire in Yes Bank?Solution
The Reserve Bank of India, through its letter dated 22 August 2025, gave its approval to Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% stake in Yes Bank. The approval is valid for one year. This specific figure of 24.99% is critical because under RBI norms, holding 25% or more could potentially classify the investor as a promoter or trigger additional regulatory requirements. By capping it at just below 25%, RBI ensures SMBC remains a significant investor without being categorized as a promoter.
In a certain code language, 'MUSIC' is written as 'LTTJD', and 'CONCEPT' is written as 'BNMDFQU'. How will 'SINGING' be written in that language?
What was the main reason for calling off the Non-Cooperation Movement by Gandhiji in 1922?
Generally, a steep hill with an elevation of more than ______ metres is classified as a mountain.
In which year was the title 'Viceroy' given to 'Governor-General' of India?
The Monetary Policy Committee (MPC) at its meeting in December 7, 202 decided to increase the Bank Rate to how much Basis point/percent?
By which year is the Sustainable Development Goal 17 (SDG 17) to be achieved?
The 'Sugar Bowl of the World' is:
The author of the novel ‘The Ministry of Utmost Happiness’ is _________.
Who is the Prime Minister of Papua New Guinea?
What is the significance of August 23 as declared by the Government of India?
