Question
How much did SBI agree to receive for selling its 13.19%
stake in Yes Bank to SMBC?Solution
As of March 2024, the State Bank of India (SBI) held 23.97% stake in Yes Bank. Under the approved arrangement, SBI agreed to sell 13.19% of its stake to SMBC for ₹8,889 crore. This transaction is significant not just for its value but also for its context, since SBI had originally stepped in (along with a consortium of banks) to rescue Yes Bank following its crisis. The deal represents a partial exit strategy for SBI while bringing in foreign capital through SMBC.
P alone can finish a piece of work ‘M’ in 6 days while Q takes 3 days to finish it alone. P, Q and R working together can finish the work &l...
- Person A is twice as efficient as Person B. Person B can complete a certain task in 32 days, while Person C takes 4 days more than Person A to finish the s...
‘A’ can do a piece of work in 15 days. ‘B’ can do 70% of the same work in 20 days. If they work together for the entire time and...
Person A is 80% more efficient than person B. A and B together can complete a certain task in 10 days, while B and C together can complete the same task...
'A' and 'B' can do a piece of work together in 30 days. They worked together for 18 days, and then left the work. The remaining job was finished by 'C' ...
A can complete a piece of work in 24 days. He worked for 21 days and then B finished the remaining work in 6 days. In how many days can A and B finish t...
Vijay can do a piece of work in 10 days and Sanjay can do the same work in 15 days. If Vijay works for 4 days and got Rs. 1680, and the remaining work w...
- 'Amit', 'Ravi', and 'Neha' can finish a piece of work in 66, 99, and 132 days respectively. They all started the work, but Amit left 8 days before the work...
- Ritu completes 50% of a project in 25 days, while Sheetal completes 40% in 32 days. Ritu works for 30 days and then stops. Find the time Sheetal needs to f...
X can do a piece of work in 22 days. He worked at it for 11 days and then Y finished it in 15 days. In how many days can X and Y together finish the work?
Relevant for Exams:
