Yes Bank incurred a loss exceeding Rs 2,700 crore due to unilateral investment decisions by co-founder Rana Kapoor involving ...

According to Setty, SBI’s primary intent in participating in the reconstruction plan was not profit-making but supporting financial stability at a crucial time.

CBI has submitted a chargesheet before the special CBI court against Rana Kapoor and his family, Anil Ambani and other ...

Mumbai: The CBI has alleged that then managing director of Yes Bank, Rana Kapoor, had not disclosed about the transaction ...

Yes Bank's financial troubles escalated with a staggering loss surpassing Rs 2,700 crore, primarily attributed to co-founder ...

Indian banking sector is undoubtedly about two large foreign banks entering India through the acquisition mode. Sumitomo ...

Currently, India permits foreign ownership of up to 74 per cent in private sector lenders, while the cap for public sector banks stands at 20 per cent.

SMFG is seeking to acquire about 5% of Yes Bank shares from US investment fund Carlyle Group Inc. and other minority shareholders, the people said, asking not to be identified because the ...

Warburg Pincus and ADIA in IDFC First Bank; Emirates NBD’s proposed majority investment in RBL Bank, SMBC in YES Bank, ...

India is considering allowing up to 49% foreign ownership in state-run banks, more than double the current limit of 20%. The ...

A fund co-run by the banking arm of Sumitomo Mitsui Financial Group Inc. plans to pour the bulk of the $200 million it has ...

Blackstone will invest $705 million for a 9.9% stake in India’s Federal Bank, becoming its largest shareholder, pending regulatory and shareholder approvals.