Question
What percentage stake did Japan’s Sumitomo Mitsui
Banking Corporation (SMBC) acquire in Yes Bank?Solution
SMBC acquired a 20% stake in Yes Bank via secondary share purchase from SBI and other lenders. This made SMBC the largest shareholder, while SBI’s stake reduced to about 10%. RBI has permitted SMBC to increase its stake to 24.99%.
- Which Indian city hosted the first International AI Summit on Smart Mobility 2025?
Which department released India’s first-ever guidelines and SOPs for Animal Blood Transfusion and Blood Banks?
According to the information provided by the Ministry of Defence (MoD),the total value of defence production in the 2022-23 financial year has exceeded ...
Which aircraft currently offers WiFi services in Air India's domestic flights?
How many AI Centres are being established in Maharashtra as per its MoU with IBM?
What GDP growth rate did S&P Global Ratings project for India for FY26?Â
Which country added the most gold to its reserves in October 2024?
The merger between IDFC First Bank and IDFC Limited was completed on which date?
Which political alliance retained power in Jharkhand in the 2024 elections?
Which ballistic missile, tested by India, has a range of 3,500 km and was launched from INS Arighaat?
Relevant for Exams:
