News

The Banking, Finance, and Insurance Institute of Nepal (BFIN), in collaboration with the India-Nepal Centre of the PHD Chamber of Commerce and Industry (PHDCCI), successfully organised a high-level ...
Investor-Banks led by State Bank of India (SBI) seem to have finally zeroed in on an investor to sell their investment in YES Bank (YBL). Japanese financial conglomerate Sumitomo Mitsui Banking ...
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Japan's Sumitomo Mitsui Banking ... in Yes Bank and do a merger through a share swap, or may buy up to 26% and launch an open offer, the people said. Currently, State Bank of India (SBI) and ...
Sumitomo Mitsui Banking Corp (SMBC) is nearing a deal to acquire a major stake in Yes Bank, potentially triggering an open offer for an additional 26% stake and making SMBC the largest shareholder.
Shares of State Bank of India (SBI) and Kotak Mahindra Bank fell nearly 2% and 5%, respectively. Despite the earnings miss, most brokerages remain optimistic about SBI’s long-term outlook.
SMBC eyes 51% stake in Yes Bank, Biggest deal in Indian banking? (Reuters ... Since then, the State Bank of India (SBI) has held a 24% stake in the bank and has been quietly scouting for a ...
HSBC plans to roll out a revamped mobile ... the bank said on Wednesday. The latest update was the most significant in five years to keep up with customers’ evolving banking habits and needs ...
However, by the afternoon session, the stock had erased most morning gains. State Bank of India (SBI) has reopened talks with SMBC to pick up a controlling stake in the Mumbai headquartered lender ...
Banking shares came under selling pressure on Tuesday, dragging the Bank Nifty index lower for the seventh time in nine sessions since April 23, as investors turned cautious ahead of the US ...