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In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui ...
20h
GlobalData on MSNSMBC to purchase 20% stake in India’s YES BankThe transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other ...
Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...
Upon completion of the deal, Sumitomo Mitsui will be the biggest shareholder of Yes Bank, whose earnings have recovered since ...
Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...
Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% stake for ...
Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could ...
Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
4h
Asian Banking & Finance on MSNJapan’s SMBC is buying a 20% stake in India’s Yes BankYes Bank is India’s sixth-largest private sector commercial bank in India. Sumitomo Mitsui Financial Group (SMBC Group) is ...
MUMBAI (Reuters) -Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has a agreed to acquire a 20% stake in Indian ...
The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share, a day after it rallied another 11 per ...
Yes Bank shares jumped over 8% after SBI and other lenders sold 20% stake to SMBC for Rs 13,483 crore, making it the largest ...
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