State Bank of India (SBI) and seven other lenders on Friday announced selling 20 per cent of their combined stakes in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for a consideration ...

Japan’s SMBC to acquire 20% stake in Yes Bank for Rs 13,483 crore, marking the largest foreign investment in India’s banking ...

Stock markets remained under pressure for the second consecutive day on Friday, eroding investor wealth by a massive Rs 7 lac ...

At a sale price of Rs 21.5 per share, SBI will earn 115% on its investment and so will other lenders including HDFC Bank ...

However, any further escalation on the geopolitical front is likely to add further depreciation pressure on the rupee and ...

Markets close lower amid India-Pakistan tensions, Nifty holds above 24,000; experts foresee continued volatility next week.

Lenders typically write-off delinquent or overdue loans where they have minimal expectation of recovery, after these loans ...

Sumitomo Mitsui Banking Corporation will acquire a 20% stake in YES Bank. SBI, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, ...

In a landmark cross-border investment, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has entered into a definitive ...

SBI holds a 24 per cent stake in Yes Bank, as a result of the regulator-led restructuring of the lender in March 2020.

Alt DRX, India's first Tokenised Digital Real Estate Marketplace, announced today that it has successfully closed its ...

HDFC Bank Ltd. 500180 shares dropped 1.93% to 1,889.20 Indian rupees Friday, on what proved to be an all-around poor trading ...