Yes Bank In Focus as Q4 Profits rise 45% to...
Mumbai: Yes Bank delivered a standout performance for Q4 FY26, with net profits rising 45% to ₹1,068 cr as the private sector lender saw a robust growth in Net Interest...
Tag: SMBC
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How India Became a Priority Market for SMBC’s Global Strategy
New Delhi: India has ceased being another emergent market in the banking arena of the world. In the case of Sumitomo Mitsui Banking Corporation (SMBC), it is quietly turning into...
SMBC gets RBI’s ‘in-principle’ approval to set up wholly owned...
New Delhi: Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has been granted in-principle approval to set up a wholly owned subsidiary (WOS) in India by the Reserve Bank of India(RBI). This...
After losing out to SMBC for Yes Bank, can Emirates...
Mumbai: Emirates NBD, the UAE’s second-largest bank, is reportedly looking to acquire a controlling stake in Mumbai-based RBL Bank, with an investment of up to $3 billion for a controlling...
SMBC sells its remaining 1.65% stake in Kotak Mahindra Bank
Mumbai: Japanese investment major Sumitomo Mitsui Banking Corporation (SMBC) has offloaded its remaining 1.65% stake in Kotak Mahindra Bank on Wednesday, September 10, after nearly 2.86 crores of the lender...
Yes Bank, SBI rally after SMBC stake sale
New Delhi: Japan-based Sumitomo Mitsui Banking Corporation (SMBC) has acquired a 20% controlling stake in Yes Bank after months of negotiations with SBI and other major shareholders. SBI will divest...
Japan’s SMBC Set To Acquire A Stake In Yes Bank
New Delhi: Following months of negotiations, Japan-based Sumitomo Mitsui Banking Corporation (SMBC) is all set to acquire a significant stake in Yes Bank from SBI. According to reports, SBI aims...
