News

Prashanth Tapse, Senior VP at Mehta Equities, says SMBC’s stake in Yes Bank is a “real bailout” that brings long-term growth ...
Only one State Bank of India-nominated director will remain on the board of Yes Bank, following its acquisition by Sumitomo ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Yes Bank announced that SMBC will acquire a 20 per cent stake from its shareholders, including the State Bank of India and ...
Kotak Institutional Equities has maintained its 'sell' rating on the lender even after the announcement of significant stake ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...
Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% stake for ...
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 ...
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 ...