Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
02 Jun, 2026, 04.45 PM IST
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...
25 May, 2026, 05.48 AM IST
Sumitomo Mitsui Banking gets RBI's in-principle nod for fully-owned India subsidiaryIndia's central bank has given Sumitomo Mitsui Banking Corp initial approval to establish a wholly-owned subsidiary. This move allows the J...
15 Jan, 2026, 12.38 AM IST
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...
30 Oct, 2025, 05.50 PM IST
Yes Bank shares sink nearly 5% after Japan's SMBC denies buying more sharesShares of Yes Bank dropped nearly 5% to Rs 22.05 after SMBC clarified it has no immediate plans to raise its stake beyond 24.99%. SMBC’s In...
17 Oct, 2025, 03.21 PM IST
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...
23 Sep, 2025, 02.20 PM IST
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 ...
18 Sep, 2025, 05.46 AM IST
Bandhan Bank completes divestment in Yes Bank to Japan's SMBC, continues buying spree after SBI & Carlyle GroupBandhan Bank sold Yes Bank shares to Sumitomo Mitsui Banking Corporation. The deal involved over 15 crore shares. State Bank of India also ...
17 Sep, 2025, 05.21 PM IST
Japan's SMBC to buy additional 4.2% stake in Yes Bank from Carlyle GroupSumitomo Mitsui Banking Corporation (SMBC) has agreed to acquire an additional 4.2% stake in Yes Bank from CA Basque Investments, following...
17 Sep, 2025, 03.38 PM IST
Boost for balance sheet: Japanese banking giant Sumitomo Mitsui lines up Rs 16,000 cr more for fitter Yes BankSumitomo Mitsui Banking Corp or SMBC will invest sixteen thousand crore rupees in Yes Bank. The investment will be through equity and debt....
29 Aug, 2025, 08.25 AM IST
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, ...
24 Aug, 2025, 05.01 AM IST
Yes Bank awaits SMBC entry for top deck recastYes Bank's succession plans will be clearer after SMBC's stake purchase. Prashant Kumar's tenure got a six-month extension. SMBC applied to...
24 Jul, 2025, 10.38 AM IST
'Sumitomo Mitsui Banking Corp awaiting RBI call to buy 25% in Yes Bank'Sumitomo Mitsui Banking Corp (SMBC) has applied to the RBI to acquire up to a 25% stake in Yes Bank, exceeding the 20% outlined in their in...
16 Jul, 2025, 12.32 AM IST
Yes Bank shares jump 6% on fundraising buzz; board meet set for June 3Yes Bank shares jumped 6% to Rs 22.86 after the bank announced a June 3 board meeting to consider capital raising via equity, debt, or othe...
02 Jun, 2025, 11.35 AM IST
Sumitomo Mitsui Banking Corporation to seek RBI Yes for licence to operate wholly owned armSumitomo Mitsui Banking Corporation (SMBC) is seeking RBI approval for a wholly-owned subsidiary, signaling its intent to acquire a control...
02 Jun, 2025, 12.36 AM IST
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...
16 May, 2025, 09.38 AM IST
Yes Bank shares rally over 8% as SBI and Japan's SMBC near landmark stake sale dealYes Bank shares surged over 8% after reports said SBI and Yes Bank boards are in talks to sell a 20% stake to Japan’s SMBC, potentially mar...
09 May, 2025, 01.18 PM IST