Yes Bank is set to overhaul its employee compensation structure as part of a broader restructuring. With Japan's SMBC set to ...

Only one State Bank of India-nominated director will remain on the board of Yes Bank, following its acquisition by Sumitomo ...

Moody's says SMBC's 20% stake buy in Yes Bank is credit positive, bringing long-term strategic support and strengthening ...

Yes Bank announced that SMBC will acquire a 20 per cent stake from its shareholders, including the State Bank of India and ...

Japan's second-largest banking group Sumitomo Mitsui Financial Group hit a record 1.18 trillion yen ($8.1 billion) profit for ...

Sumitomo Mitsui Financial Group (SMFG) is likely to merge its Indian non-bank arm SMFG India Credit with YES Bank.

Good morning, The 12-day Cannes Film Festival 2025 kicked off yesterday, promising a mix of glitz, glamour and politics. The ...

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

Listen to Story The recent rally follows Sumitomo Mitsui Banking Corporation’s (SMBC) announcement that it will acquire a 20% stake in Yes Bank for Rs 13,482 crore. Shares of Yes Bank continued their ...

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 ...

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

Yes Bank's board of directors are said to have initiated a formal search for a new chief executive officer for the lender, ...