Yes Bank share

2024 - 7 - 8

YES Bank Share Price Surges After RBI Approval News

Banking Sector - Investors - RBI - SBI - Stake Sale - Yes Bank

Exciting updates on YES Bank share price rise and potential stake sale reported by RBI. Read more!

YES Bank's shares surged by 1.9% to reach Rs 26.18 on the BSE following reports of RBI nod for stake sale. The private lender assured to keep stakeholders informed of any significant developments. Additionally, the RBI has granted in-principle approval for a potential 51% stake purchase, exceeding the initial 26% limit, marking a crucial step post the Yes Bank rescue four years ago.

SBI, with a 23.99% stake in YES Bank, is reportedly considering a complete sell-off, favoring international investors for the transaction. Contrary to rumors, Yes Bank clarified that the 51% stake sale reports were inaccurate, emphasizing the importance of accurate information dissemination.

Excitingly, the dynamics between YES Bank and SBI have garnered attention, with potential significant shifts in their ownership structures. Investors are closely monitoring these developments, anticipating market impacts and strategic moves by the involved parties.

In conclusion, the YES Bank and SBI shares news highlights the dynamic nature of the banking sector. The regulatory approvals and stake sale discussions add an element of uncertainty and excitement, influencing market sentiments and investor decisions.

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Image courtesy of "Business Today"

YES Bank shares jump as private lender says RBI nod report ... (Business Today)

YES Bank shares rose 1.9 per cent to hit a high of Rs 26.18 on BSE in early trade. YES Bank said it would keep the stock exchanges informed of any material ...

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Image courtesy of "Livemint"

Four years since the Yes Bank rescue, RBI okays its saviours' exit ... (Livemint)

RBI has given its in-principle approval for up to 51% stake purchase by an appropriate incoming promoter for Yes Bank, which is higher than the 26% ...

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Image courtesy of "Business Today"

2 reasons why YES Bank, SBI shares are in news today (Business Today)

SBI is keen to sell its entire 23.99 per cent stake in YES Bank, a media report suggested. International investors are being preferred for SBI's stake sale ...

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Image courtesy of "Moneycontrol.com"

Reports of 51% stake sale "factually incorrect", says Yes Bank ... (Moneycontrol.com)

The news reports suggesting that the RBI approved a 51 percent stake sale in Yes Bank are.

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Image courtesy of "Livemint"

Yes Bank clarifies on 'stake sale' report, calls it 'factually incorrect ... (Livemint)

Yes Bank share price rose 2.5% as the bank denied speculative news on 51% interest sale. Recent profit doubled to ₹452 crore. Board meeting on July 20 to ...

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Image courtesy of "CNBCTV18"

Yes Bank shares important clarification on 51% stake sale report (CNBCTV18)

Earlier, a media report suggested that the Reserve Bank of India (RBI) has given its in-principle approval for up to 51% stake purchase by an appropriate ...

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Image courtesy of "Business Standard"

Yes Bank denies report on 51% stake sale, calls it 'factually incorrect' (Business Standard)

The Yes Bank called the news report "factually incorrect and purely speculative" in nature.

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Image courtesy of "The Economic Times"

Yes Bank RBI stake sale: Yes Bank stake sale report is factually ... (The Economic Times)

Yes Bank clarified that it has not received any in-principle approval from the Reserve Bank of India for a stake sale, countering a speculative media report ...

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Image courtesy of "NDTV Profit"

Yes Bank Rises On Stake Sale Reports (NDTV Profit)

Shares of Yes Bank Ltd. rose during early trade on Tuesday on reports of a stake sale by the bank. But the private lender clarified that the reports of the ...

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Image courtesy of "Benzinga India"

Yes Bank Shares Jump After Lender Dismisses Report Of Up To 51 ... (Benzinga India)

The potential sale could reportedly value India's sixth-largest private bank by assets at around $10 billion.

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Image courtesy of "ET Now"

Yes Bank Share Price Rises: Here's Why (ET Now)

Yes Bank said in an exchange filing that the report circulating is totally based on speculations and rumours. , Companies News - Times Now.

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