The recent rally follows Sumitomo Mitsui Banking Corporation’s (SMBC) announcement that it will acquire a 20% stake in Yes Bank for Rs 13,482 crore. SMBC will purchase a 13.19% stake from State Bank ...

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 ...

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

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

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

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

With a net profit of $9.2 billion (₹77,561 crore) in FY25, the country’s largest lender has joined the ranks of the world’s ...

Global shares rally, while gold and safe-haven currencies slump against a resurgent dollar as the US and China agreed to ...

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 ...

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

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 ...

In his address to the nation, PM Modi says, "...No nuclear blackmail will be tolerated anymore..." He says, "Terrorist attack ...