Bank Holidays in August 2025: Are Banks Open or Closed Today?
Get the latest updates on bank holidays in August 2025, including today’s bank holiday and upcoming holidays, to plan your banking activities accordingly.
Blog
Blog
RBI Approves Japan’s SMBC to Acquire 25% Stake in Yes Bank: What Indian Investors Need to Know
The Reserve Bank of India has given its nod to Japan’s Sumitomo Mitsui Banking Corporation to acquire up to 24.99% stake in Yes Bank, making it the largest shareholder. What does this mean for Indian investors?
Blog
Molbio Diagnostics Ltd. Files DRHP for IPO: Aims to Raise Funds via Fresh Issue and OFS
Molbio Diagnostics Ltd. has filed a draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO) comprising a fresh issue and offer for sale (OFS) to raise funds for various purposes.
Blog
SMBC Gets RBI Nod to Acquire Up to 24.99% Stake in Yes Bank
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received approval from the Reserve Bank of India to acquire up to 24.99% of Yes Bank, marking a significant cross-border M&A transaction in India’s financial sector.
Blog
Yes Bank-SMBC Deal: RBI Approves Japan’s SMBC to Acquire Up to 24.99% Stake
Yes Bank Ltd. announced that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received RBI approval to acquire up to 24.99% stake in the company, making it a significant development in the Indian banking sector.
Blog
Yes Bank Share Price: RBI Nod for SMBC Acquisition Sends Stock into Focus
Yes Bank shares are set to be in focus on Monday after the RBI approved Sumitomo Mitsui Banking Corporation’s acquisition of a nearly 25% stake in the lender. Here’s what investors need to know.
Blog
Anand Mahindra’s Emotional Connection with Lucknow: A City of Cultural Significance
Anand Mahindra, Chairman of the Mahindra Group, recently visited Lucknow for an RBI meeting and was left emotional and pleasantly surprised by the city’s transformation, particularly its improved cleanliness rankings.
Blog
Yes Bank Acquisition: RBI Approves SMBC’s 24.99% Stake Purchase
The Reserve Bank of India has given its nod to Sumitomo Mitsui Banking Corporation’s plan to acquire up to 24.99% stake in Yes Bank, subject to certain conditions. What does this mean for Indian investors and the banking sector?
Blog
IDBI Bank Divestment: SEBI Approves LIC Reclassification as Public Shareholder
SEBI has approved the reclassification of LIC as a public shareholder in IDBI Bank, paving the way for the bank’s divestment. Here are the details and implications for investors.
Blog
Centre to Launch Mineral Trading Exchange: A Game-Changer for Indian Investors
The Indian government’s plan to set up a mineral trading exchange is expected to revolutionize the commodities market, providing better price discovery and opportunities for investors.