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5 days ago | 
jp.reuters.com | Siddhi Nayak |Anton Bridge
三井住友銀行（ＳＭＢＣ）は、インドのイエス銀行の株式約２割を１３４８億ルピー（２４００億円）で取得することで合意した。イエス銀支店、ニューデリーで昨年８月撮影（２０２５年 ロイター/Ainnie Arif//File Photo） [ムンバイ／東京 ９日 ロイター] - 三井住友銀行（ＳＭＢＣ）は、インドのイエス銀行(YESB.NS), opens new tabの株式約２割を１３４８億ルピー（２４００億円）で取得することで合意した。インド金融セクターで国境を越えた最大の合併・買収（Ｍ＆Ａ）となる。 三井住友フィナンシャルグループ(8316.T), opens new tabの発表によると、傘下の三井住友銀行が既存株主８社から株式を取得する。 イエス銀行が証券取引所に提出した書類によると、SMBCは最大株主のインドステイト銀行(SBI.NS), opens new tab,から13.19%、アクシス銀行(AXBK.NS), opens new tab、バンダン銀行、フェデラル銀行、HDFC銀行(HDBK.NS), opens new tab、ICICI銀行(ICBK.NS),...
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5 days ago | 
sg.finance.yahoo.com | Siddhi Nayak |Anton Bridge
Siddhi Nayak and Anton Bridge Fri, 9 May 2025, 6:42 am 2 min read In this article: By Siddhi Nayak and Anton Bridge MUMBAI/TOKYO (Reuters) -Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has signed a definitive agreement to take a 20% stake in Indian private lender Yes Bank, a deal that marks the largest cross-border merger and acquisition deal in India's financial sector.
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5 days ago | 
gurutrade.com | Siddhi Nayak |Savio D'Souza
MUMBAI, May 9 (Reuters) - India's ICICI Venture Funds Management has approved transferring its private equity and real estate fund management businesses to ICICI Prudential Asset Management, their parent ICICI Bank said on Friday.
The move is aimed at consolidating investment offerings under ICICI Prudential AMC, so it can provide a full suite of asset classes, including private equity, the bank said in an exchange filing.
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6 days ago | 
reuters.com | Aditya Kalra |Siddhi Nayak
An illuminated signboard of IndusInd Bank is seen outside one of its branches, in New Delhi, India, September 20, 2024.
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6 days ago | 
reuters.com | Khushi Malhotra |Dharamraj Lalit Dhutia |Siddhi Nayak
MUMBAI, May 8 (Reuters) - Indian companies are stepping up domestic currency borrowing as the central bank's liquidity infusions have lowered local bond yields, while tariff concerns keep global rates elevated and investors cautious. Domestic firms raised 987 billion rupees ($11.68 billion) through the sale of bonds in April, data from information provider Prime Database showed, a record for the first month of the financial year.
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6 days ago | 
reuters.com | Siddhi Nayak
FILE PHOTO:A man reads a newspaper outside a branch of Punjab National Bank (PNB) in Ahmedabad, India, March 20, 2018. REUTERS/Amit Dave/File Photo MUMBAI, May 8 (Reuters) - Punjab National Bank (PNBK.NS), opens new tab (PNB), India's second-largest state-run lender by assets, aims to recover more soured loans this year, leading to a record-low gross bad loan ratio, a key asset quality metric, CEO Ashok Chandra said on Thursday.
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1 week ago | 
bfsi.economictimes.indiatimes.com | Siddhi Nayak
(Adds share market reaction and valuation in paragraph 3, Yes Bank's response in paragraphs 8-9)Deal could be largest in India's banking sectorRBI has verbally approved SMBC's acquisition plan, one source saysAnother source says SBI negotiating final deal contours with SMBC- Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51% equity in the Indian lender, three sources familiar with the deal said on Tuesday.
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1 week ago | 
finance.yahoo.com | Nishit Navin |Siddhi Nayak
By Nishit Navin and Siddhi Nayak (Reuters) -Paytm expects to become profitable from the first quarter of the current fiscal year, it said on Tuesday, after posting a narrower sequential loss excluding a one-time charge. "We are at the verge of PAT (profit after tax) profitability... I'm very sure that in (the) next quarter onwards, if everything goes as we are seeing, it could very well be a profitable quarter," Founder and CEO Vijay Shekhar Sharma said in a post-earnings call.
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1 week ago | 
marketscreener.com | Nishit Navin |Siddhi Nayak |Kashish Tandon
BENGALURU (Reuters) -India's Bank of Baroda expects margin pressure to continue through the second quarter of this fiscal, after a drop in fourth-quarter margins and core lending income sent its shares tumbling over 10% on Tuesday. The company's net interest income, or the difference between interest earned on loans and paid on deposits, fell to 110.20 billion rupees ($1.31 billion) for the quarter ended March 31 from 117.93 billion rupees a year earlier.
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1 week ago | 
marketscreener.com | Siddhi Nayak
(Reuters) -Talks between Sumitomo Mitsui Banking Corp (SMBC) and Yes Bank are apace as the Japanese firm eyes a majority 51% stake in the Indian lender, three sources familiar with the deal said on Tuesday. If the deal goes through, it could potentially be the largest in India's banking sector, where deal-making, especially involving foreign entities, is rare.
