Yes Bank Limited has acquired a 24.19% stake in Dish TV India Ltd, a corporation providing Direct to Home (DTH) television service in India, following invocation of 44.53 crores pledged shares thanks to default in payment of the debt by Dish TV and a few other companies.
Click Here To Get Test Series For SBI PO 2020
This is the fifth instance within the past one year that Yes Bank has acquired majority stake during a non-banking business simply thanks to the invocation of the pledge against shares of a corporation that had availed loans from the bank and later did not repay the dues.
Important Static for all competitive examination:
- Yes Bank Headquarters: Mumbai, Maharashtra
- Yes Bank MD & CEO: Prashant Kumar
- Yes Bank Tagline: Experience our Expertise.
Paris Olympics 2024 Medal Tally, India M...
Which District of Uttar Pradesh is known...
