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Asian Banking & Finance on MSNJapan’s SMBC is buying a 20% stake in India’s Yes BankYes Bank is India’s sixth-largest private sector commercial bank in India. Sumitomo Mitsui Financial Group (SMBC Group) is ...
In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
In a recent development, the country’s largest bank, the State Bank of India (SBI) announced that it has decided to sell a ...
Following the news that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) would pay ₹13,483 crore (about $1.58 billion) to acquire a 20% interest in the private lender, Yes Bank shares surged by ...
Yes Bank's shares saw a 2% rise after SBI and other lenders sold a 20% stake to Japan's Sumitomo Mitsui Banking Corporation ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
Upon completion of the deal, Sumitomo Mitsui will be the biggest shareholder of Yes Bank, whose earnings have recovered since ...
MUMBAI (Reuters) -Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has a agreed to acquire a 20% stake in Indian ...
Nick Samara is head of MENA DCM for SMBC. Citi promoted Abdel Khalek to sole leadership of CEEMEA DCM in March last year, in ...
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