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The Reserve Bank of India (RBI) has revolutionized the nation’s lending landscape by launching the Unified Lending Interface (ULI), a secure, centralized platform that streamlines access to financial ...
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Newspoint on MSNRBI Renames This Bank: What It Means for Your Passbook, Cheque Book, Debit Card, and IFSC CodeThe Reserve Bank of India (RBI) has officially changed the name of North East Small Finance Bank Limited to slice Small ...
Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in Yes Bank for Rs 13,482 crore at a price of Rs 21.50 per share from multiple banks. As per the share purchase agreement ...
SMBC will acquire a 13.19% stake from State Bank of India (SBI.NS), opens new tab - its largest investor, and an aggregate of 6.81% from Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank ...
A ceasefire agreement between India and Pakistan, announced by President Donald Trump earlier today, has allegedly been violated by Pakistan. Indian Foreign Secretary Vikram Misri said the Indian ...
Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...
This move will make SMBC the largest shareholder in Yes Bank and marks a major foreign investment in India’s banking sector. State Bank of India (SBI) and seven other lenders, which had collectively ...
Sumitomo Mitsui Banking Corp. will acquire shares from State Bank of India and other investors for about 21.50 rupees each to become the top shareholder, according to a stock exchange filing Friday.
Operating profit for FY25 grew by 17 per cent YoY to ₹16,412 crore. Bank of India's net interest income (NII) for FY25 increased by 6 per cent YoY, while domestic NIM for FY25 stood at 3.10 per ...
World Bank President Ajay Banga met Prime Minister Narendra Modi on Thursday. (File) India-Pakistan war: Amidst heightened tensions that are on the cusp of boiling over into a major India-Pakistan ...
India’s High Commissioner to the UK, Vikram Doraiswami, showed a photo to Sky News’ Yalda Hakim, which he claims depicts Pakistani military personnel standing behind Hafiz Abdul Rauf, a ...
World Bank Group President Ajay Banga met Prime Minister Narendra Modi today. During his visit to India, Mr Banga will go to Uttar Pradesh tomorrow and participate in a series of meetings and events.
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