News
18h
GlobalData on MSNSMBC to purchase 20% stake in India’s YES BankThe transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
2h
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 ...
Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share, a day after it rallied another 11 per ...
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 ...
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...
YES Bank saw its share price jump as much as 8.7% in early morning trade on Monday after Japan’s Sumitomo Mitsui Banking Corp ...
Japanese major Sumitomo Mitsui Financial Group (SMFG) may merge its Indian non-bank arm SMFG India Credit with YES Bank after ...
Yes Bank shares underwent a sharp rally today, gaining as much as 9% intraday following a major stake acquisition deal ...
In a recent development, the country’s largest bank, the State Bank of India (SBI) announced that it has decided to sell a ...
Yes Bank's shares saw a 2% rise after SBI and other lenders sold a 20% stake to Japan's Sumitomo Mitsui Banking Corporation ...
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