Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
Japan's Nikkei touches record high on tech optimism; SoftBank, Topix slumpJapan's Nikkei share average reached a record high for the third consecutive day, propelled by strong performance in the technology sector....
Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
Global Markets | Japan's Nikkei rises on tech rally, stronger yen lifts JGBsJapan's Nikkei share average edged higher on Friday, helped by gains in a small group of technology stocks, while the yen's rally helped go...
Vedanta Resources seeks $200 million loan top-up after $350 million deal earlier this yearVedanta Resources is looking to boost its existing $350 million loan by at least $200 million. The company is in talks with Sumitomo Mitsui...
Japan's bond yield curve steepens ahead of 30-year debt auctionJapan's government bond yield curve steepened as investors grew cautious ahead of a 30-year debt auction. Rising oil prices and a weaker ye...
TPG to buy NIIF Green Infra NBFC Aseem for Rs 4,000 crUS buyout group TPG, alongside ICICI Bank and GIC of Singapore, is set to acquire Aseem Infrastructure Finance Ltd for Rs 4,000 crore. This...
SMBC to share its global learning with Yes Bank, help raise the bar: Group CEOToru Nakashima, the Group CEO of Sumitomo Mitsui Banking Corporation, recently engaged with employees at Yes Bank, emphasizing his commitme...
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, ...
Japan's SMBC picks up additional 4.22% stake in Yes Bank, becomes largest stakeholderSumitomo Mitsui Banking Corporation (SMBC) has increased its stake in Yes Bank from 20% to 24.22% through an off-market acquisition, becomi...
SMBC to buy additional 4.2% stake in Yes Bank from PE firm Carlyle GroupSumitomo Mitsui Banking Corporation (SMBC) is set to increase its stake in Yes Bank to 24.2% through two transactions: acquiring 4.2% from ...
RBI greenlights SMBC plan to buy up to 25% in Yes BankThe Reserve Bank of India has approved Sumitomo Mitsui Banking Corporation's (SMBC) application to acquire up to 24.99% stake in Yes Bank, ...
Yes Bank expects Japan's SMBC to maintain at least 20% stake, CEO Prashant Kumar saysYes Bank anticipates Sumitomo Mitsui Banking Corp (SMBC) to maintain at least a 20% stake, with regulatory factors potentially limiting fur...
SMBC set to snap up 20% in Yes; bank boards meet todayState Bank of India and Yes Bank boards are convening Friday to finalize the sale of stakes to Sumitomo Mitsui Banking Corp. SMBC will acqu...
SMBC picks Sandeep Chopra to head India corporate coverageSumitomo Mitsui Banking Corporation (SMBC) has appointed Sandeep Chopra as its head of corporate clients in India. Chopra, a 30-year-old co...