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SBI AND SMBC PARTNERSHIP
Mid-sized lenders tap foreign links, tech to gain scaleIndian banks are experiencing a surge of foreign investment that’s akin to a refreshing breeze in a competitive atmosphere. This wave of in...- Yes Bank shares in focus after SMBC picks up additional 4.22% stake, overtakes SBI as largest shareholderYes Bank share price: SMBC has become the largest shareholder in Yes Bank after acquiring an additional 4.22% stake for Rs 8,888.97 crore, ...
- Stocks in news: Mazagon Dock, Swiggy, Tata Motors, Indian Hotels, YES BankMarkets experienced a slight dip amid volatility on expiry day, continuing a consolidation phase. Optimism from GST reforms and festive dem...
- Yes Bank shares in focus as SBI sells 13.18% stake to Japan’s SMBCYes Bank share price: State Bank of India has sold a 13.18% stake in Yes Bank to Japan’s SMBC, marking the largest cross-border banking div...
- Stocks in news: ZEE, Apollo Tyres, Airfloa Rail Technology, LTIMindtree, BioconMarkets saw a slight increase amid optimism about policy changes and strong domestic investment, though FII selling and anticipation of the...
- SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC for ₹8,889 croreState Bank of India (SBI) has finalized the divestment of a 13.18% stake in Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC) for appr...
- SBI Holdings and SMFG set sights on $69 bn treasure in Japan’s digital wealth boomSumitomo Mitsui Financial Group and SBI Holdings are collaborating. They will launch a wealth management service in Japan. The target is af...
- YES Bank shares in focus after board clears plan to raise Rs 16,000 crore in equity and debtYES Bank's board has approved a fundraising plan of up to Rs 16,000 crore for FY26, involving both equity and debt instruments across domes...
- SBI to sell over 13% stake in Yes Bank to Japan’s SMBC for Rs 8,889 croreState Bank of India (SBI) has decided to sell over 413 crore equity shares, representing approximately 13.19% of Yes Bank's total shares, t...
- Japanese banks aid India Inc amid tweaks in monetary policy back homeThe loan to ONGC Videsh is only the latest instance of aggressive pitches by Japanese banks. Along with several US and European highstreet ...
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