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GlobalData on MSNSMBC to purchase 20% stake in India’s YES BankThe transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
Kotak Institutional Equities has maintained its 'sell' rating on the lender even after the announcement of significant stake ...
Yes Bank is set to overhaul its employee compensation structure as part of a broader restructuring. With Japan's SMBC set to ...
SMBC entry into Yes Bank marks a shift in RBI’s approach towards foreign bank involvement in Indian private lenders.
Yes Bank shares underwent a sharp rally today, gaining as much as 9% intraday following a major stake acquisition deal ...
State Bank of India (SBI) and seven other lenders, which had collectively invested in Yes Bank as part of the bank’s ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
Japanese major Sumitomo Mitsui Financial Group (SMFG) may merge its Indian non-bank arm SMFG India Credit with YES Bank after ...
Yes Bank's shares saw a 2% rise after SBI and other lenders sold a 20% stake to Japan's Sumitomo Mitsui Banking Corporation ...
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 ...
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Asian Banking & Finance on MSNJapan’s SMBC is buying a 20% stake in India’s Yes BankYes Bank is India’s sixth-largest private sector commercial bank in India. Sumitomo Mitsui Financial Group (SMBC Group) is ...
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