Japanese-financial major SMBC is set to acquire a 20 per cent stake in the YES Bank from State Bank of India (SBI) and seven ...

After a long wait and much speculation, private lender Yes Bank last week announced that Japanese banking giant SMBC will be ...

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 ...

Only one State Bank of India-nominated director will remain on the board of Yes Bank, following its acquisition by Sumitomo ...

SBI's investment in Yes Bank yields 14.5% return, selling stake to SMBC for profit, benefiting other banks as well.

Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...

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

How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...

The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...

SBI will sell a 13.19 per cent stake in YES Bank at ₹21.50 per equity share for ₹8,889 crore. SBI’s shares ended trading 1 ...

Yes Bank announced that SMBC will acquire a 20 per cent stake from its shareholders, including the State Bank of India and ...