Under Indian securities law, a controlling stake acquisition will trigger an open offer, requiring SMBC to offer to buy up to ...

“The talks are on between SMBC and YES Bank for acquiring majority stake in the latter. SMBC could pick up to 25 per cent stake in YES Bank, triggering an open offer. The valuation is not yet ...

The State Bank of India (SBI) is set to launch its largest recruitment drive in over 10 years, with plans to fill ...

Yes Bank share price rallied 10% on report that Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured approval from the ...

With the world more sympathetic to India's fight against terror, and with Pakistan weaker than ever, the window for decisive action is open ...

Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a ...

The amount deployed to micro and small enterprises (MSEs) grew by 13.5 per cent to Rs 22.4 lakh crore from Rs 19.7 lakh crore ...

Among Sensex firms, Eternal, Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma were the major losers. Bharti Airtel, Tata Steel, ...

Indian benchmark indices opened flat on Tuesday, with gains in M&M and Bharti Airtel balanced out by declines in Reliance ...

Yes Bank is in the spotlight today as reports suggested that Japanese giant Sumitomo Mitsui Banking Corp. (SMBC) is inching ...

State Bank of India closed 15.12% below its 52-week high of 912.10 rupees, which the company reached on June 3rd.

India's Bank of Baroda expects margin pressure to continue through the second quarter of this fiscal, after a drop in ...