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business japan s smbc gets rbi s green signal to acquire yes bank

Japan's Smbc Gets Rbi's Green Signal To Acquire Yes Bank

4hrs 16mins   👁 4

SMBC will either buy less than 26% in Yes Bank and do a merger through a share swap, or may buy up to 26% and launch an open offer. Apart from SBI, other Yes Bank shareholders include Axis Bank, Kotak Mahindra Bank and HDFC Bank.

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