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Fed should cut rates now after 'great' inflation report, economist saysSMBC chief economist Joe LaVorgna analyzes April inflation data on 'Varney & Co.' ...
Turkish Airlines, a leading global airline, has mandated the first financing structure to use the Sompo AXIS Aviation Finance ...
SMBC entry into Yes Bank marks a shift in RBI’s approach towards foreign bank involvement in Indian private lenders.
Joseph Lavorgna, the veteran Wall Street economist who's chief economist at SMBC Nikko Securities, says a surge in cyclical ...
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Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
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 ...
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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 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.
In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui ...
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