Held that once a Secured Creditor relinquishes its security interest to the liquidation estate, it cannot seek priority among other secured creditors on the basis of the charge and is only entitled 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, ...

Japanese-financial major SMBC is set to acquire a 20 per cent stake in the YES Bank from State Bank of India (SBI) and seven ...

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

Following the news that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) would pay ₹13,483 crore (about $1.58 billion) to acquire a 20% interest in the private lender, Yes Bank shares surged by ...

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

MG Windsor, Comet and ZS EV are all available with the Battery as a Service rental scheme which brings the initial price of ...

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 ...

The stock of Yes Bank surges 8% as Japan's Sumitomo Group acquires 20% stake. Discover more about this major cross-border ...

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.