
Yes Bank Set for Leadership Overhaul as SMBC Eyes 20% Stake, ETLegalWorld
Mumbai: Succession planning at Yes Bankwhere Sumitomo Mitsubishi Banking Corp (SMBC) has entered into binding deals to buy at least 20% equity, will get a clearer shape once the stake purchase by the Japanese investor is concluded, Prashant kumar, Yes Bank‘s managing director and chief executive officer, told ET in an interview. “We had applied…