News

After a long wait and much speculation, private lender Yes Bank last week announced that Japanese banking giant SMBC will be ...
Only one State Bank of India-nominated director will remain on the board of Yes Bank, following its acquisition by Sumitomo ...
Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
Country's largest bank State Bank of India (SBI) on Wednesday said it will consider raising USD 3 billion through public ...
SBI's investment in Yes Bank yields 14.5% return, selling stake to SMBC for profit, benefiting other banks as well.
SMBC entry into Yes Bank marks a shift in RBI’s approach towards foreign bank involvement in Indian private lenders.
Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...
Moody's says SMBC's 20% stake buy in Yes Bank is credit positive, bringing long-term strategic support and strengthening ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
YES Bank shares shall continue to remain under spotlight on Wednesday amid the reports that the leading private lender has ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Yes Bank announced that SMBC will acquire a 20 per cent stake from its shareholders, including the State Bank of India and ...