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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 ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
By Siddhi Nayak and Anton Bridge MUMBAI/TOKYO (Reuters) -Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has ...
Yes Bank is set to overhaul its employee compensation structure as part of a broader restructuring. With Japan's SMBC set to ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% stake for ...
State Bank of India and Yes Bank boards are convening Friday to finalize the sale of stakes to Sumitomo Mitsui Banking Corp.
Yes Bank share price has jumped 21% in one month, and the stock is up 6% YTD. While Yes Bank shares have fallen 7% in one ...
Yes Bank shares underwent a sharp rally today, gaining as much as 9% intraday following a major stake acquisition deal ...
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 ...
SMBC has entered into a definitive agreement to acquire a 20% stake in YES Bank, making it the bank’s largest shareholder.