Indian benchmark indices closed higher on Wednesday, rebounding from their steepest single-day drop in a month. The recovery ...

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

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

SMBC's parent, Sumitomo Mitsui Financial Group, plans to make Yes Bank an equity-method affiliate after the acquisition.

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

YES Bank shares shall continue to remain under spotlight on Wednesday amid the reports that the leading private lender has ...

Markets declined sharply Tuesday with Sensex falling 1.55% and Nifty 1.39%, driven by profit booking and concerns over FII ...

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 ...

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

The stock has now climbed nearly 19% in just five trading sessions and 21% in a month, but top brokerages remain unconvinced. Most still have a ‘sell’ or ‘neutral’ rating on the lender.

Information technology (IT) stocks on Tuesday declined heavily in the Nifty IT index due to a weak market. While LTI Mindtree Limited (up 1.37%) and Tech Mahindra Limited (up 0.90%) were among the top ...

Yes Bank's shares saw a 2% rise after SBI and other lenders sold a 20% stake to Japan's Sumitomo Mitsui Banking Corporation ...