May, 13 2025 Tuesday 23:15 Hrs
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Company News Details

State Bank of India
Industry :  Banks - Public Sector
BSE Code
ISIN Demat
Book Value()
500112
INE062A01020
463.4443524
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
SBIN
10.09
715397.54
EPS(TTM)
Face Value()
Div & Yield %
79.44
1
1.98
 

State Bank of India
State Bank of India to divest 13.19% stake held in Yes Bank
May 09,2025
State Bank of India announced that the Executive Committee of the Central Board (ECCB) of the Bank in the meeting held on 9 May 2025 has accorded approval to divest 413,44,04,897 equity shares of Yes Bank (YBL), being equivalent to 13.19% (approx.) of Yes Bank shares to Sumitomo Mitsui Banking Corporation (SMBC), at Rs.21.50 per equity share, for a consideration of Rs.8888,97,05,285 and paisa 50 only (Rs.8888.97 crores approx.), subject to receipt of all regulatory and statutory approvals by the acquirer.
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