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ET Now on MSNYes Bank-SMBC News: Japanese banking giant to acquire controlling stake? Private lender has this to sayYes Bank has given an update regarding the recent move taken by Sumitomo Mitsui Banking Corporation (SMBC). Earlier it was reported that SMBC is gearing up to approach the Reserve Bank of India (RBI) ...
Japan's Sumitomo Mitsui Banking Corp (SMBC) signed a definitive agreement last month to acquire a 20 per cent stake in YES ...
RBI grants Yes Bank CEO Prashant Kumar a six-month extension to allow incoming shareholder SMBC flexibility to decide on ...
Yes Bank share price rise for the second successive session on Monday, propelled by news that it had recovered a substantial ...
The private lender's counter has been active lately, following State Bank of India's (SBI) announcement last month that it would offload 13 per cent of its stake in YES Bank to Japan's Sumitomo Mitsui ...
Following its landmark agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), Yes Bank announces a capital raising plan of Rs 16,000 crore through equity and debt, while limiting equity ...
Yes Bank move follows the upcoming stake acquisition by Japan's SMBC, which will become the bank's largest shareholder with a 20 percent stake ...
On May 28, the lender announced that its Board of Directors will meet on Tuesday, June 3, 2025, to consider a proposal for raising capital through the issuance of equity shares, debt securities, or ot ...
Since becoming a commercial bank a little over 21 years ago, Yes Bank has faced several turbulent periods and climbed out of those—bruised at every stage. These include the forced-but-painful ...
Yes Bank's board approved several proposals, including a plan to raise Rs 7,500 crore via equity and Rs 8,500 crore via debt, following Japan'.
The board also approved amendments to the Articles of Association of the bank, in line with the share purchase agreement dated May 9 signed by Yes Bank, Sumitomo Mitsui Banking Corporation (SMBC) and ...
Yes Bank refuted media reports suggesting SMBC seeking the RBI nod for licence to operate a wholly-owned arm. Yes Bank on Tuesday refuted media reports suggesting Sumitomo Mitsui Banking ...
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