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

The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...

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

(Reuters) -Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday ...

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 ...

Japan's SMBC is set to acquire a 20% stake in Yes Bank for ₹13,482 crore, the largest foreign investment in the Indian ...

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 ...

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 ...

Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...

How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...