AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

A deal of ₹ 8,889 crore between SBI and SMBC about YES Bank confirmed, today the stock jumped 10%, now what next?

by Aaryan Srivastav
May 9, 2025
A deal of ₹ 8,889 crore between SBI and SMBC about YES Bank confirmed, today the stock jumped 10%, now what next?

Photo: File Yes Bank

The market of discussion was hot for the last few days about the deal in Yes Bank’s shares. Today it was stamped. Let us tell you that more than 13% stake in SBI, Yes Bank will sell Japan’s SMBC for Rs 8,889 crore. The State Bank of India (SBI) announced on Friday that it has decided to sell a large number of its shares to Sumitsui Banking Corporation (SMBC) in Japan. In a meeting, SBI’s apex committee approved the sale of over 413 crore equity shares, which is about 13.19% of the total shares of Yes Bank, priced at Rs 8,889 crore.

Deal over market price

SBI has announced to sell shares to SMBC at a rate of Rs 21.50 per share. That is, the share of Yes Bank’s share has been higher than the market price. On Friday, Yes Bank’s stock rose 9.98% to close at Rs 20.05. That is, the deal has exceeded the market. However, one of the largest banks in India said in the exchange filing that the sale would take place only when the SMBC would get all the necessary approval from the regulators and officials. SBI, who led to rescue Yes Bank in March 2020 at the request of the Reserve Bank of India (RBI), acquired shares.

What will be the effect on the stock?

Market expert says that since SBI has signed the share of Yes Bank’s share above the market price. Therefore it is a good sign. Yes Bank’s stock has climbed 16.84% in the last one month. Right now it will see a big boom. As soon as the market mood atmosphere is corrected, the stock can show a price of Rs 30. Therefore, investors who invest for a long time can hold this stock.

Disclaimer: This article is written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.

Latest business news

SendShareShareTweetSharePinShareSend

Related Posts

TodaytGold-Silver Price: महीने के आखिरी दिन सोने-चांदी के दामों में क्या हुआ बदलाव ? जानिए आज के ताजा भाव 
Business

Todaytgold-Silver Price: What has been a change in gold-silver prices on the last day of the month? Know today’s latest sense

by Aaryan Srivastav
July 31, 2025
सरकारी नौकरी का बड़ा मौका! बैंक क्लर्क और पंचायत एलडीसी भर्ती के लिए आवेदन 1 अगस्त से, यहां पढ़े हर जरूरी डिटेल 
Business

Big opportunity for government job! Application for bank clerk and panchayat LDC recruitment from August 1, read every necessary details read here

by Aaryan Srivastav
July 31, 2025
Stocks To Watch Today: ट्रंप के 25% टैरिफ के बाद इन स्टॉक्स में दिखेगी जोरदार उठा-पटक, पैसा कमाने के लिए इनपर रखे फोकस 
Business

Stocks to Watch Today: Focus will be seen in these stocks after 25% tariff of Trump, focus on them to earn money

by Aaryan Srivastav
July 31, 2025

Latest News

Sadhvi Pragya's Reaction after Being Acquitted In Malegaon Case: The victory of saffron and Hindutva, God will punish the culprits, Sadhvi Pragya's response after being acquitted in Malegaon case, Victory of Saffron and Hindutva, God will Punish the Culprits, Sadhvi Pragya's reaction after eating acquitted in malegaon case
India

Sadhvi Pragya’s Reaction after Being Acquitted In Malegaon Case: The victory of saffron and Hindutva, God will punish the culprits, Sadhvi Pragya’s response after being acquitted in Malegaon case, Victory of Saffron and Hindutva, God will Punish the Culprits, Sadhvi Pragya’s reaction after eating acquitted in malegaon case

by Amit Tripathi
July 31, 2025
fdsgf
Lifestyle

Kasturi or Normal Turmeric? Who is more beneficial for skin? Learn wild turmeric use

by Kavita Nagar
July 31, 2025
sdfad
Astrology

“Kalki Jayanti 2025” Kalki Jayanti today, worship in this auspicious time, every wish will be fulfilled

by Sandhya Hirani
July 31, 2025
Shock to India! America imposed 25% tariff, said this on relations with Russia
India

Shock to India! America imposed 25% tariff, said this on relations with Russia

by Amit Tripathi
July 31, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2025 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2025 AnyTV News Network All Rights Reserved.