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Prashanth Tapse, Senior VP at Mehta Equities, says SMBC’s stake in Yes Bank is a “real bailout” that brings long-term growth ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui ...
Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% stake for ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share, a day after it rallied another 11 per ...
Yes Bank is India’s sixth-largest private sector commercial bank in India. Sumitomo Mitsui Financial Group (SMBC Group) is ...
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...
Yes Bank shares jumped over 8% after SBI and other lenders sold 20% stake to SMBC for Rs 13,483 crore, making it the largest ...
YES Bank saw its share price jump as much as 8.7% in early morning trade on Monday after Japan’s Sumitomo Mitsui Banking Corp ...