SMBC's parent, Sumitomo Mitsui Financial Group, plans to make Yes Bank an equity-method affiliate after the acquisition.

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

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

Yes Bank is set to overhaul its employee compensation structure as part of a broader restructuring. With Japan's SMBC set to ...

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

Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will ...

Japan's SMBC is set to acquire a 20% stake in Yes Bank for ₹13,482 crore, the largest foreign investment in the Indian ...

Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% stake for ...

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

Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...

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 ...

Sumitomo Mitsui Banking Corporation has entered into a definitive agreement to acquire a 20% stake in Yes Bank, marking the ...