DBS Denies Reports Of Yes Bank Acquisition

Mumbai: Singapore-based DBS Bank said on Saturday that reports claiming that it will acquire controlling stakes in Yes Bank were false. “The rumours of DBS acquiring a stake in Yes Bank are unfounded and baseless,” a DBS spokesperson told IANS. Meanwhile, Yes Bank also confirmed that the DBS acquisition reports were false. Earlier, Yes bank […]

YES-BANK

Mumbai: Singapore-based DBS Bank said on Saturday that reports claiming that it will acquire controlling stakes in Yes Bank were false.

"The rumours of DBS acquiring a stake in Yes Bank are unfounded and baseless," a DBS spokesperson told IANS.