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According to a report by Mint, SMBC has secured the RBI’s nod to become a majority stakeholder in Yes Bank. The proposed transaction may value the lender at approximately $1.7 billion ...
Private lender Yes Bank shares soared two percent in trade on Monday, May 12, after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) agreed to acquire a 20 percent stake in Yes Bank ...
Private lender YES Bank Ltd.'s shares galloped over nine percent intraday on Tuesday, May 6, but settled 1.5 percent higher, after Moneycontrol reported that Japanese financial conglomerate ...
Mumbai: Private sector lender Yes Bank on Tuesday said that discussions for a stake sale with Japan's Sumitomo Mitsui Banking Corp (SMBC) are currently at a "preliminary stage". "Such discussions ...
Yes Bank reported 63.34% surge in standalone net profit to Rs 738.12 crore in Q4 FY25 as against Rs 451.89 crore in Q4 FY24. Total income rose 3.76% YoY to Rs 9,355.39 crore in the quarter ended ...
Shares of YES Bank Ltd saw a sharp uptick on Friday, climbing 11.74 per cent to hit an intraday high of Rs 20.36. The stock eventually settled 9.77 per cent higher at Rs 20. At this price ...
“SMBC has entered into a definitive agreement on 9 May 2025 to acquire 20% stake in YES Bank through a secondary stake purchase of 13.19% from SBI and 6.81% aggregate stake from other bank ...
MUMBAI, May 16 (Reuters) - (This May 15 story has been corrected to clarify that SMBC will acquire the stake, not SBI, in paragraph 6) India's Yes Bank (YESB.NS), opens new tab expects Japan's ...
Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...
Japanese financial services giant Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy a 20% stake in YES Bank in what would be the largest cross-border transaction in the Indian banking ...
Japan’s Sumitomo Mitsui Banking Corporation is likely to pick up 51% stake in Yes Bank from the scam-hit bank’s shareholders. The Japanese bank is reportedly in talks with several key equity ...
Amit Goel, co-founder and chief global strategist at Pace 360, said the asset management company (AMC) 'aggressively' purchased shares of YES Bank Ltd on Wednesday morning. "Today in the early ...
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