IiAS recommendations to investors to reject the proposal that gives Yes Bank's two largest investors (including State Bank of ...

SBI will divest its 13.19% stake in the private lender for nearly Rs 8,890 crore and other lenders will cumulatively sell 6.81% stake in Yes Bank to SMBC, taking the latter's stake to 20%.

The Sumitomo Mitsui Corporation Bank (SMBC) entered into a definitive agreement to acquire a 20% equity stake in Yes Bank from SBI & Other Banks. The State Bank of India, however, continues to be ...

Emkay Global Financial Services Ltd, which recently hosted Sunil Parnami, Head of Strategy at YES Bank, retained a 'Sell' rating on YES Bank's stock, setting a target price of Rs 17. The target ...

The sentiment around Yes Bank share price has not been helped by rumours of a move by a private equity investor to offload 3% ...

Yes Bank has made a notable recovery since the 2020 rescue. Its total deposits have grown to Rs 2.85 lakh crore in FY25, marking a 2.7-fold increase since March 2020.

Yes Bank's Q1FY26 net profit surged 59% to Rs 801 crore, driven by lower funding costs and steady asset quality. The 20% stake acquisition by Sumitomo Mitsui Banking Corporation is expected to ...

Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will take a 20% stake in the lender, marking India's largest cross-border ...

(Reuters) -Japan's Sumitomo Mitsui Banking Corporation (SMBC) has sought approval from the Reserve Bank of India to acquire an additional 4.9% stake in India’s Yes Bank to take its total ownership in ...

These banks had originally invested in Yes Bank during its 2020 rescue under the Yes Bank Reconstruction Scheme. Post-transaction, SBI’s holding will fall to just over 10 per cent, while SMBC ...