Life Insurance Corporation (LIC) has increased its stake in Bank of India (BoI) to 8.38% as of May 9, 2025. LIC's stake in the bank has increased from 6.35% to 8.38% over the past four years. New ...

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

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 ...

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.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

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

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Of the 20 per cent stake, SBI would dilute 13.19 per cent stake in Yes Bank in favour of SMBC for a consideration of Rs 8,889 ...