Prashanth Tapse, Senior VP at Mehta Equities, says SMBC’s stake in Yes Bank is a “real bailout” that brings long-term growth ...

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

Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...

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

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

Japanese major Sumitomo Mitsui Financial Group (SMFG) may merge its Indian non-bank arm SMFG India Credit with YES Bank after ...

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

Kotak Institutional Equities has maintained its 'sell' rating on the lender even after the announcement of significant stake acquisition by Sumitomo Mitsui Banking Corporation.

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 ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Information technology (IT) stocks on Tuesday declined heavily in the Nifty IT index due to a weak market. While LTI Mindtree Limited (up 1.37%) and Tech Mahindra Limited (up 0.90%) were among the top ...

With today's gain, investors' wealth increased by more than Rs 16 lakh crore, as the market capitalization of BSE-listed ...