Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

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

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

SBI and 7 other banks will sell their 20 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation. An analyst has ...

In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui ...

The stock has now climbed nearly 19% in just five trading sessions and 21% in a month, but top brokerages remain unconvinced.

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

In a recent development, the country’s largest bank, the State Bank of India (SBI) announced that it has decided to sell a ...

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 ...

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

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

Of the 20 per cent stake, SBI would dilute 13.19 per cent stake in Yes Bank in favour of SMBC for a consideration of Rs 8,889 ...