SBI announced that it will sell a 13.19% stake held in YES Bank to SMBC for a consideration of ₹8,889 crore. SBI will offload 4,13,44,04,897 equity shares, amounting to a 13.19% stake, of YES Bank to Sumitomo Mitsui Banking Corporation at ₹21.50 per equity share. Yes Bank on charts break the channel zone.

#TechnicalViews#FundamentalViews

256 likes·56 comments