Good news is coming out related to Yes Bank. Japan’s Mitsubishi UFJ Financial Group (MUFG) wants to take a majority stake in Yes Bank. MUFG is the world’s second-largest bank holding company. In August, MUFG had proposed to invest $2 billion in HDFC Bank’s NBFC company HDB Financial, which was …
Read More »Yes Bank: There is a hurdle in selling Yes Bank, every bidder wants 51% stake, talks are not progressing on any deal
Yes Bank: The process of buying a stake in the private sector Yes Bank may be in danger due to the bidders’ insistence on keeping a 51 percent stake in the bank. An informed source expressed this apprehension on Thursday. When asked whether the deal would be completed by the …
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