Yes Bank aims for two-notch ratings upgrade with SMBC's 20% stake, ensuring stability and long-term strategic play.

Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said that ...

SMBC, a part of the Sumitomo Mitsui Financial Group (SMFG), plans to buy the 20% stake from State Bank of India (SBI) and seven private banks, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, ...

India's Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said ...

Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...

The board said that the proposals are inappropriate. The board of directors of Sumitomo Mitsui Banking Corporation (SMBC) has ...

Turkish Airlines, a leading global airline, has mandated the first financing structure to use the Sompo AXIS Aviation Finance ...

Joseph Lavorgna, the veteran Wall Street economist who's chief economist at SMBC Nikko Securities, says a surge in cyclical ...

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

Yes Bank's shares saw a 2% rise after SBI and other lenders sold a 20% stake to Japan's Sumitomo Mitsui Banking Corporation ...

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