Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India superseded the board in March 2020.

SBI's investment in Yes Bank yields 14.5% return, selling stake to SMBC for profit, benefiting other banks as well.

The stock has now climbed nearly 19% in just five trading sessions and 21% in a month, but top brokerages remain unconvinced.

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

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

SBI and 7 other banks will sell their 20 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation. An analyst has ...

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the ...

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

Yes Bank share price has jumped 21% in one month, and the stock is up 6% YTD. While Yes Bank shares have fallen 7% in one ...

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

Shares of Yes Bank surged over 8% after State Bank of India and seven other lenders announced the sale of a 20% combined ...

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 ...