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 ...

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Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.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

Among the sectoral indices, Nifty Auto, financial services, FMCG, and IT were the major laggards falling by over 1 per cent ...

In a recent development, the country’s largest bank, the State Bank of India (SBI) announced that it has decided to sell a ...

Global shares rally, while gold and safe-haven currencies slump against a resurgent dollar as the US and China agreed to ...