SBI, Others To Sell 20% Stake In Yes Bank To Japanese financial giant Sumitomo Mitsui Banking Corp. For around Rs 13,484 crore.
The board on Friday approved the plan to sell 413 crore shares at Rs 21.5 apiece, subject to receipt of all regulatory an
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Mahendra Lochhab
Content creator • 9m
BLACKSTONE PLANS TO SUBMIT BID WORTH RS 40,000 CRORE TO ACQUIRE 51% STAKE IN HALDIRAM'S: REPORTS
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Rohan Saha
Founder - Burn Inves... • 15d
Currently, SBI is planning to sell its entire 24% stake in Yes Bank. Assuming SBI sells this stake at a price range of ₹19-23 per share, the deal is expected to generate a net post-tax return of approximately ₹6,500 crore for SBI, which is about 9-10
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Mahendra Lochhab
Content creator • 1m
Delhivery to acquire Ecom Express for Rs 1,407 crore
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Chamarti Sreekar
Passionate about Pos... • 3m
MobiKwik Acquires 3.39% Stake in Blostem Fintech
One MobiKwik Systems is acquiring a 3.39% stake in Blostem Fintech for Rs 1.49 crore as part of the second tranche of a share subscription agreement. Earlier, MobiKwik invested Rs 1.5 crore in March 2
State Bank of India reported a record profit of Rs 79,017 crore for the financial year ending March 2025
(Now featured in the
Global Top 100 ranked by net profit )
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AprameyaAI • 12m
Jio Financial Services (JFS) is making big moves. Yes! Jio DHAN DHANA DHAN!
They're set to buy telecom equipment and infrastructure from Reliance Retail for about Rs 36,000 crore to boost their lending business.
They're also aiming to increase f
Reliance jio launches 10 minute loan against securities up to Rs 1 crore.
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Mridul Das
Introvert! • 3m
Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactio
Zomato will acquire Paytm's entertainment and ticketing business for Rs 2,048 crore as the food delivery giant looks to expand its presence in the 'going-out' segment, while the embattled fintech major seeks to focus on its core financial services of