News

Yes Bank to raise ₹16,000 crore via equity and debt; caps dilution at 10%
Yes Bank's board approves fund-raising plan of ₹16,000 crore and AoA changes as part of its agreement with Sumitomo Mitsui ...
Yes Bank Plans Rs 16,000 Crore Capital Raise Post-SMBC Deal, Caps Equity Dilution at 10%
Following its landmark agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), Yes Bank announces a capital ...
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Yes Bank-SMBC News: Japanese banking giant to acquire controlling stake? Private lender has this to say
Yes Bank has given an update regarding the recent move taken by Sumitomo Mitsui Banking Corporation (SMBC). Earlier it was ...
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Yes Bank To Raise Rs 16,000 Cr; Approves SMBC, SBI Board Rights
Yes Bank on Tuesday said its board has approved raising up to Rs 16,000 crore through a mix of equity and debt instruments to ...
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Yes Bank to raise Rs 16,000 cr; Japan’s SMBC to join as strategic investor
Yes Bank is gearing up for a major capital boost as its board has approved plans to raise a total of Rs 16,000 crore, ...
Yes Bank shares in focus as board approves Rs 16,000 cr fund raise via debt, equity mix
Yes Bank move follows the upcoming stake acquisition by Japan's SMBC, which will become the bank's largest shareholder with a ...
Yes Bank fundraising: Yes Bank board approves raising funds worth ₹16,000 crore by issuing equity, debt securities
The private lender will raise funds by the issuance of equity securities along with debt securities. Yes Bank board has ...
Three SMBC MANUBANK Colleagues Named to Top 100 Bankers List by the Los Angeles Business Journal
Showcasing SMBC MANUBANK’s broad range of commercial banking expertise, three of the bank’s veteran leaders joined the elite ...
Lessor SMBC says Boeing and Airbus output has made some progress
Boeing and Airbus have made progress in boosting aircraft manufacturing, but there is "a way to go" to get a stable, ...
Yes Bank Share Price Highlights: Shares end 10% lower, clarifies on SMBC stake acquisition
The bank has issued clarification pertaining to report “Sumitomo Mitsui Banking Corporation to seek RBI Yes for licence to ...
SMBC’s entry into Yes Bank: Is the turnaround finally taking shape?
Japan’s SMBC is betting big on Yes Bank with a 20% stake. But will it be able to drive the strategy change that Yes Bank ...
SMBC Taps Ex-Barclays Strategist Abate for Rates Research Team
Joseph Abate, a longtime money-market strategist at Barclays Plc, will start in June as a part of the fixed-income strategy team at Sumitomo Mitsui Banking Corp., according to a person familiar with ...