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Yes Bank Secures RBI Approval for Board Amendments

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Yes Bank Secures RBI Approval for Board Amendments

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Yes Bank Limited ( (IN:YESBANK) ) has issued an update.

Yes Bank Limited has received approval from the Reserve Bank of India for amendments to its Articles of Association, allowing for the nomination of directors by Sumitomo Mitsui Banking Corporation and State Bank of India. This approval is part of a share purchase agreement and is expected to influence the bank’s governance structure, potentially impacting its strategic direction and stakeholder relationships.

More about Yes Bank Limited

Yes Bank Limited operates in the banking industry, providing a range of financial services including corporate and retail banking, asset management, and investment banking. The bank primarily focuses on serving both individual and corporate clients in India, with a significant emphasis on digital banking solutions.

Average Trading Volume: 8,936,092

Technical Sentiment Signal: Hold

Current Market Cap: 641.2B INR

Find detailed analytics on YESBANK stock on TipRanks’ Stock Analysis page.

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