State Bank of India has divested approximately 13.18% of its stake in Yes Bank Limited to Sumitomo Mitsui Banking Corporation, a prominent Japanese bank. This transaction marks a significant cross-border investment in India’s banking sector. SBI remains a key shareholder with around 10.8% stake, continuing its support since the 2020 restructuring. Post navigation Nestle share price drops: Chairman Paul Bulcke to step down earlier than expected; food giant’s shares fall 0.5% Sebi leases Rs 7 lakh/month Mumbai luxury flat for chairman; regulator says deal within Board policy – check details here
