The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) plan to acquire up to 24.99% stake in Yes Bank. This follows ...
According to MOFSL, this is a high-impact development and will have a multi-layered positive effect on the Indian economy, prevailing market sentiments, and sectors exporting ...
Rupee has been the worst performing Asian currency in the last year, with persistent selloff from Foreign Institutional Investors (FIIs) causing the rupee to hit ...