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.
At what % of simple interest per annum will Rs. 600 amount to Rs. 780 in five years?
A certain sum is invested at an interest rate of 24% per annum, compounded annually, for 2 years, and the compound interest earned after this period is ...
A&B invested their sum in the ratio of 22: 25. Respectively. In two different schemes. Offering simple interest of 15% per annum and compound interest o...
A man invested Rs. 6,000 at simple interest of 'x%' p.a. and received Rs. 12,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%'...
Rs. 5000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the in...
The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 72. Find the simple interest on th...
Rs. (n + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 6 years, respectively. Find the value of 'n'.
A took a loan of Rs.4880 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
Gaurav invested Rs. 9000 in a compound interest scheme for 2 years at an annual rate of q%. If he received Rs. 1980 as compound interest, find the rate ...
