The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, ...

Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially triggering an open offer for an additional 26%. SBI, currently holding a 24% ...

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 ...

India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, ...

The bank has about 8.7 crore registered users on its mobile banking app YONO. The State Bank of India is among the leading employers in the country. The bank had a total employee count of 232,296 ...

Emirates NBD, Dubai's biggest bank by assets, currently operates in India through branches located in Chennai, Gurugram and ...

Japan's Sumitomo Mitsui Banking Corp. (SMBC) has secured Reserve Bank of India's (RBI) go-ahead to acquire 51% in private lender Yes Bank, two people aware of the development said. SMBC will ...

State Bank of India and other lenders are selling a 20% stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corporation for Rs 13,483 crore. This marks the largest cross-border investment in ...

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank by purchasing shares from the State Bank of India (SBI) and seven other Indian banks.

Sumitomo Mitsui Banking ... Bank, potentially triggering an open offer for an additional 26% stake and making SMBC the largest shareholder. This move follows Yes Bank's 2020 rescue and would be ...

and IDFC First Bank ₹250 crore in the bank. This rescue act, crafted by the RBI, saved depositors’ interest—the regulator’s most important goal—and trust in India’s banking system.