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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 ...
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 ...
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 ...
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 ...
The executive committee of the central board (ECCB) of the bank in the meeting has accorded approval to divest 413.44 crore shares or equivalent to 13.19 per cent stake in Yes Bank for a ...
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 ...
SBI, which currently holds a 24 per cent stake in Yes Bank, announced on Thursday that it will offload 13.19 per cent to SMBC at Rs 21.5 per share, valuing the deal at Rs 8,889 crore. SMBC is a ...
Sumitomo Mitsui Financial Group Inc., Japan’s second-biggest lender, is in talks to buy a significant minority stake in India’s Yes Bank Ltd., according to people familiar with the matter.
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 ...
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 ...
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.
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 ...