Shares of Yes Bank Ltd. surged over 12% on Tuesday after HDFC Bank Group received regulatory approval to increase its stake in the private sector lender.
HDFC Bank received the green signal from the Reserve Bank of India to acquire as much as 9.5% stake in six banks including Axis Bank Ltd., Suryoday Small Finance Bank Ltd, ICICI Bank Ltd., Bandhan Bank Ltd., Yes Bank Ltd., and IndusInd Bank Ltd.
Sheryl Sutherland says investors need to consider India in a properly diversified portfolio. She outlines the inevitable risks, and also notes some opportunities
Standard Bank Private and WineX present SA's most vibrant wine festival mg.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mg.co.za Daily Mail and Mail on Sunday newspapers.