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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 ...
(Reuters) -Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday ...
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...
Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...
Japan's SMBC is set to acquire a 20% stake in Yes Bank for ₹13,482 crore, the largest foreign investment in the Indian ...
YES Bank saw its share price jump as much as 8.7% in early morning trade on Monday after Japan’s 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 ...
Sumitomo Mitsui Banking Corporation has entered into a definitive agreement to acquire a 20% stake in Yes Bank, marking the ...
Following the news that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) would pay ₹13,483 crore (about $1.58 billion) to acquire a 20% interest in the private lender, Yes Bank shares surged by ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...