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

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

Yes Bank’s shares rallied over 4% today to trade at ₹20.92. This fresh momentum comes in the wake of Japan’s Sumitomo Mitsui ...

Prashanth Tapse, Senior VP at Mehta Equities, says SMBC’s stake in Yes Bank is a “real bailout” that brings long-term growth ...

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.

Kotak Institutional Equities has maintained its 'sell' rating on the lender even after the announcement of significant stake acquisition by Sumitomo Mitsui Banking Corporation.

Yes Bank is India’s sixth-largest private sector commercial bank in India. Sumitomo Mitsui Financial Group (SMBC Group) is ...

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

Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...

Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...

Nick Samara is head of MENA DCM for SMBC. Citi promoted Abdel Khalek to sole leadership of CEEMEA DCM in March last year, in ...

Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group) announced the formation of a new joint venture (“JV”), which will invest up to US$1.7 ...