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SMBC to have two nominees on Yes Bank board: MD & CEO Prashant Kumar

Prashant Kumar tells why SMBC has become a strategic investor and the advantages arising from this for Yes Bank

SBI, private banks sell 20% Yes Bank stake to SMBC for ₹13,482 cr

In India's largest cross-border banking deal, SBI and private lenders sell 20% stake in Yes Bank to SMBC for ₹13,482 crore, valuing the bank at $7.9 billion

SMBC's board representation in Yes Bank to be proportionate to its stake

SMBC to gain 20 per cent stake in Yes Bank, becoming its largest shareholder with likely board representation; SBI's stake to reduce post regulatory approval

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

Company is expecting a coupon rate of 7.19%, sources said

RBI removes short-term investment limits for FPIs in corporate debt

The RBI has removed short-term and concentration limits on FPI investments in corporate debt to ease access and deepen market participation

Crisil puts IndusInd Bank's long-term debt instrument on 'rating watch'

Rating agency says there has been no 'material outflow' in lenders deposits in two months

Exim Bank withdraws planned 10-yr bond issuance over high yield demands

The bank had planned to raise Rs 2,500 crore through 10 year bonds. The base issue size was Rs 500 crore and the green shoe option was Rs 2,000 crore

Hike Motor TP rates, cut GST on health premiums: Non-life insurers to govt

DFS Secretary urges insurers to improve claims processing in order to reduce customer inconvenience

Domestic cos may go slow on long term bond issuance plans briefly

Escalating geopolitical tensions may prompt issuers to delay long-term bond issues amid uncertainty, though RBI support is keeping yields stable for now

Speculative, incorrect: Yes Bank denies stake sale reports in clarification

According to reports, SMBC is in talks with the private lender to acquire a little over 20 per cent stake in the bank, which will trigger an open offer to acquire a majority stake in the bank

Govt weighing next move after SC's JSW-BPSL order: DFS Secretary M Nagaraju

The DFS is assessing the Supreme Court's Bhushan Steel ruling with lenders and may chart next steps soon; IDBI Bank's 61 per cent stake sale will conclude in 2025

RBI may cut rates by up to 125 bps in FY26, says SBI Research report

SBI Research expects a 125 bps rate cut in FY26 as inflation falls to multi-year lows, with liquidity measures like OMOs and pressure on deposit rates likely to follow

Our aspiration is to exit Q4FY26 with RoA of 1%: Yes Bank MD & CEO

Prashant Kumar discusses the Q4FY25 results and future strategy of the bank

Banks stare at Bhushan Power & Steel again after SC liquidation order

Lenders may need to reverse recoveries from JSW's resolution plan for Bhushan Power & Steel as Supreme Court orders liquidation, triggering fresh provisioning concerns

40% of our artificial intelligence hubs are in India: BNY CEO Robin Vince

Tariffs are part of the story, but it's really about trade, says Vince

Jana Small Finance Bank may apply for universal bank licence this month

Jana Small Finance Bank will join AU Small Finance Bank and Ujjivan Small Finance in the list of the small finance banks that are seeking a universal banking licence from the RBI

After CEO exit, RBI okays IndusInd executives' panel to run the show

Analysts express reservation on appointment of a PSU banker as MD & CEO

IndusInd Bank MD and CEO Sumant Kathpalia resigns with immediate effect

Bank seeks RBI nod for panel to discharge CEO duties

NPCI issues two circulars on API usage amid rising UPI disruptions

NPCI has asked banks to enforce changes in the response time of UPI APIs by June 16

Incorrect accounting of derivatives trades led to IndusInd Bank fiasco: GT

Cumulative adverse accounting impact on P&L at Rs 1,960 crore as of March 31, 2025