Investors interested in stocks from the Banks - Foreign sector have probably already heard of Sumitomo Mitsui (SMFG) and United Overseas Bank Ltd. (UOVEY). But which of these two stocks presents ...

Fitch Ratings says SMFG's 20% stake in Yes Bank could open doors for other foreign banks in India's banking sector, despite ...

India's foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, ...

Yes Bank shares have been on a strong upward trend, rising over 30% in just one month. The rally comes amid renewed investor interest following news of a potential 20% stake acquisition by Japan's ...

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Fitch Ratings report highlights potential for foreign investment in Indian banking sector with Sumitomo Mitsui's stake in YES ...

Sumitomo Mitsui (SMFG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is ...

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 other private banks for Rs 13,482 crore.

The report notes that despite the limits, SMFG's 20 per cent stake will make it the largest shareholder in YES BANK, with two ...