Sumitomo Mitsui Banking Corp (SMBC) is nearing a deal to acquire a major stake in Yes Bank, potentially triggering an open offer for an additional 26% stake and making SMBC the largest shareholder. This move follows Yes Bank’s 2020 rescue and would be India’s largest M&A deal for SMBC. Post navigation Gold price prediction today: What’s the gold rate outlook for this week – should you buy or sell? Gold rate today: Gold prices surge to Rs 95,950 per 10 grams as investors in wait and watch mode
