Sumitomo Mitsui Banking Corporation

Yes Bank stake sale: CCI clears SMBC plan for up to 24.99% holding, Japanese lender set to become top shareholder – The Times of India

The Competition Commission of India (CCI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) proposal to acquire up to 24.99 per cent stake in Yes Bank, paving the way for the Japanese lender to become the private sector bank’s single-largest shareholder.SMBC, a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), is among the leading foreign banks…

SMBC को Yes Bank में 24.99 परसेंट हिस्सेदारी खरीदने की मिली मंजूरी, फोकस में रहेंगे शेयर

alishpagda08@gmail.com2 weeks ago01 mins

Yes Bank Share: जापान के सुमितोमो मित्सुई बैंकिंग कॉर्पोरेशन (SMBC) को यस बैंक में 24.99 परसेंट की हिस्सेदारी खरीदने के लिए भारतीय रिजर्व बैंक (RBI) से मंजूरी मिल गई है. इसके साथ ही सोमवार को यस बैंक के शेयर फोकस में रहने वाले हैं. इससे पहले बीते हफ्ते के आखिरी कारोबारी दिन शुक्रवार को NSE…

Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending – Times of India

alishpagda08@gmail.com2 weeks ago03 mins

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI) approval to acquire up to 24.99% stake in Yes Bank, the private sector lender announced on Saturday.The development comes after Yes Bank’s May 9 disclosure about SMBC’s plan to purchase a 20% holding in the bank through a secondary stake buy,…

जापान की बैंक SMBC खरीदेगी Yes Bank में 24.99 परसेंट हिस्सेदारी, RBI से मिला अप्रूवल

alishpagda08@gmail.com2 weeks ago01 mins

Yes Bank: यस बैंक ने शनिवार को बताया कि भारतीय रिजर्व बैंक (RBI) ने जापान के बैंक सुमितोमो मित्सुई बैंकिंग कॉर्पोरेशन के यस बैंक में 24.99 परसेंट तक हिस्सेदारी खरीदने के प्रस्ताव को मंजूरी दे दी है. 9 मई को स्टॉक एक्सचेंज में दी गई जानकारी के हवाले से यस बैंक ने कहा कि SMBC ने…

Yes Bank Q1 results: Net profit jumps 59% to Rs 801 crore; treasury gains, other income drive growth – Times of India

alishpagda08@gmail.com2 months ago03 mins

Yes Bank on Saturday reported a 59% year-on-year rise in net profit to Rs 801 crore for the June quarter of FY26, buoyed by strong gains from treasury operations and a sharp uptick in non-core income.The private sector lender said its other income surged 46% to Rs 1,752 crore, while treasury income swung to a…

Yes Bank shares crash 7% on reports of 3% equity changing hands via block deals – Times of India

alishpagda08@gmail.com3 months ago04 mins

Yes Bank’s stock is expected to attract attention today as its board convenes to discuss potential fundraising initiatives. (AI image) Yes Bank share price today: Yes Bank shares plummeted 7.4% to Rs 21.55 during early trading hours on Tuesday following reports of 3% equity changing ownership through multiple block deals in the day’s session.Reports from…

Japan’s SMBC to buy 20% in Yes Bank – Times of India

alishpagda08@gmail.com4 months ago03 mins

Image used for representative purposes MUMBAI: Five years after a group of Indian lenders led by SBI stepped in to rescue Yes Bank, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in the private lender for Rs 13,483 crore, making it the largest shareholder. The deal, India’s biggest cross-border banking investment, marks…