The Competition Commission of India (CCI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) proposal to acquire up to a 24.99% stake in Yes Bank. This move will make SMBC the single-largest shareholder in the private sector bank. The Reserve Bank of India (RBI) had previously approved the deal, paving the way for this significant investment. Post navigation MP High Court Judge Recuses From Illegal Mining Case After Madhya Pradesh’s BJP MLA Sanjay Pathak Attempts To Contact Him Sugar stock rally on ethanol push: Rajshree tops chart at 20%; industry cheers govt move
