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

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

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

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

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

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

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

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 ...

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

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

Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% stake for ...

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 ...