We will now strive for AAA,” added Vaidyanathan. Interim fluctuations aside, Vaidyanathan informed that IDFC First Bank’s share price has risen from Rs 37.6 at the merger in December 19 to Rs ...

IDFC First Bank says it is confident of resolving the issue regarding the appointment of a director by Warburg Pincus' arm, despite shareholder disapproval. The bank is also seeking regulatory ...

IDFC First Bank's shareholders have rejected a special resolution to appoint a nominee director from Warburg Pincus due to ...

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, ...

SMBC entry into Yes Bank marks a shift in RBI’s approach towards foreign bank involvement in Indian private lenders.

The stake sale news led to a rise in Yes Bank's stock price, making it one of the top gainers of the day. The share price of ...

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the State Bank of India (SBI) and seven other Indian banks.

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 ...

SBI, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IDFC First Bank, Federal Bank, and Bandhan Bank have announced a ...

Yes Bank's shares are in focus today, May 12, after Japanese banking giant Sumitomo Mitsui acquires 20% stake.

In what could be the largest cross-border investment in the banking sector, Sumitomo Mitsui Banking Corporation (SMBC) of ...