Smbc
SMBC wins RBI approval to acquire 24.99% in Yes Bank, to join board with 2 seats
Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India's banking sector; SBI, other banks to sell shares.
3 min read23 Aug 2025Proxy advisors want shareholders to reject Yes Bank's special privilege to SMBC
IiAS recommendations to investors to reject the proposal that gives Yes Bank's two largest investors (including State Bank of India) special rights will test the resolve of shareholders as the voting for the proposal starts on 18 Aug and ends on 20 Aug. The results will be declared the next day.
3 min read15 Aug 2025Japan's SMBC succeeds in its pursuit of Yes Bank; to acquire a 20% stake
Japan's SMBC is set to acquire a 20% stake in Yes Bank for ₹13,482 crore, the largest foreign investment in the Indian banking sector. The deal involves purchasing shares from SBI and other lenders that had come to Yes Bank's rescue five years ago.
4 min read9 May 2025Go First crisis: What is Cape Town Convention? Why India's aviation sector needs it | Explainer
Go First crisis: All you need to know about the CTC treaty that can prevent impending aviation crisis caused mainly because of differences between aircraft lessors and domestic airlines.
3 min read17 May 2023Grounded Go Air can fly in a week if planes not seized, CEO says
Go Air, controlled by billionaire Nusli Wadia's group, has enough funds to sustain operations on a cash-and-carry model for about 10 days, chief executive officer Kaushik Khona said
2 min read7 May 2023Go First crisis: What is Cape Town Convention? Why India's aviation sector needs it | Explainer
Go First crisis: All you need to know about the CTC treaty that can prevent impending aviation crisis caused mainly because of differences between aircraft lessors and domestic airlines.
3 min read17 May 2023