Japan’s SMBC to buy 20% in Yes Bank

Image used for representative purposes MUMBAI: Five years after a group of Indian lenders led by SBI stepped in to rescue Yes Bank, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in the private lender for Rs 13,483 crore, making it the largest shareholder. The deal, India’s biggest cross-border banking investment, marks…

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Inaugural Neeraj Chopra Classic postponed amid escalating border tensions | More sports News

Olympic champion Neeraj Chopra has announced the postponement of the inaugural NC Classic, citing the prevailing national security situation and prioritising the safety and well-being of all stakeholders. The decision was shared via his official Twitter handle on Friday.“In the light of the current situation the inaugural edition of the NC classic stands postponed until…

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