Bengaluru, July 15 -- One of India's prominent private lenders is back in the limelight after reports surfaced of a major Japanese banking giant deepening its stake in the company. This potential investment has fueled fresh optimism among investors, driving the stock price higher as the bank positions itself for its next phase of growth and transformation.
The company in focus is Yes Bank Ltd, which currently holds a market capitalization of Rs. 63,895 crore. The stock opened today at Rs. 20.09, higher than its previous close of Rs. 19.99, and surged to an intraday high of Rs. 20.65, reflecting a rise of approximately 3.3 percent over the previous close.
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According to recent media reports, Sumitomo Mitsui Financial Group...
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