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NDTV Profit on MSNSMBC's Yes Bank Deal: Only One SBI Director To Stay As Japanese Giant Gains Board PowerOnly one State Bank of India-nominated director will remain on the board of Yes Bank, following its acquisition by Sumitomo ...
The SBI will be divesting a portion of its investment in Yes Bank, made in March 2020 at Rs 10 per equity share, to Sumitomo ...
Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.
Moody's says SMBC's 20% stake buy in Yes Bank is credit positive, bringing long-term strategic support and strengthening ...
SMBC entry into Yes Bank marks a shift in RBI’s approach towards foreign bank involvement in Indian private lenders.
SBI's investment in Yes Bank yields 14.5% return, selling stake to SMBC for profit, benefiting other banks as well.
Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...
How much Sumitomo gains from this deal is still a matter of debate. The only way a foreign bank can give substantial rupee ...
Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...
YES Bank shares shall continue to remain under spotlight on Wednesday amid the reports that the leading private lender has ...
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...
Yes Bank announced that SMBC will acquire a 20 per cent stake from its shareholders, including the State Bank of India and ...
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