Yes Bank stock has been on a strong uptrend after the Reserve Bank of India’s (RBI) nod to HDFC Bank to buy a stake in the private lender and the State Bank of India’s denial of a stake sale in the company.
Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest the Nifty’s immediate bias remains down, targeting key support levels. The
Fairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the proposed takeover of
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