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YES Bank has just made headlines with a major development. Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s leading financial institutions, has agreed to acquire a 20% stake in the bank. This marks an important milestone in YES Bank’s ongoing transformation journey.
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India’s retail inflation has just taken a breather, dropping to its lowest level of 3.34% in the past ten months. As the Reserve Bank of India (RBI) continues to juggle between supporting growth and containing inflation, the latest dip could signal potential shifts in interest rate outlooks, investor strategies and sector-specific dynamics.
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