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.

Japan's second-largest banking group Sumitomo Mitsui Financial Group hit a record 1.18 trillion yen ($8.1 billion) profit for ...

Yes Bank is set to overhaul its employee compensation structure as part of a broader restructuring. With Japan's SMBC set to ...

Sumitomo Mitsui Financial Group (SMFG) is likely to merge its Indian non-bank arm SMFG India Credit with YES Bank.

Good morning, The 12-day Cannes Film Festival 2025 kicked off yesterday, promising a mix of glitz, glamour and politics. The ...

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

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 ...

Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...

Yes Bank's board of directors are said to have initiated a formal search for a new chief executive officer for the lender, ...

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.