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 ...
The SBI will be divesting a portion of its investment in Yes Bank, made in March 2020 at Rs 10 per equity share, to Sumitomo ...
Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...
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.
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...
YES Bank shares shall continue to remain under spotlight on Wednesday amid the reports that the leading private lender has ...
Country's largest bank State Bank of India (SBI) on Wednesday said it will consider raising USD 3 billion through public ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...