SMBC entry into Yes Bank marks a shift in RBI’s approach towards foreign bank involvement in Indian private lenders.

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

Yes Bank’s shares rallied over 4% today to trade at ₹20.92. This fresh momentum comes in the wake of Japan’s Sumitomo Mitsui ...

Prashanth Tapse, Senior VP at Mehta Equities, says SMBC’s stake in Yes Bank is a “real bailout” that brings long-term growth ...

The stock has now climbed nearly 19% in just five trading sessions and 21% in a month, but top brokerages remain unconvinced. Most still have a ‘sell’ or ‘neutral’ rating on the lender.

Kotak Institutional Equities has maintained its 'sell' rating on the lender even after the announcement of significant stake acquisition by Sumitomo Mitsui Banking Corporation.

Yes 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 ...

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 ...

Japanese major Sumitomo Mitsui Financial Group (SMFG) may merge its Indian non-bank arm SMFG India Credit with YES Bank after ...