Japan’s SMBC succeeds in its pursuit of Yes Bank; to acquire a 20% stake | Company Business News

Mumbai: Japan’s Sumitomo Mitsui Banking Corp. (SMBC) will acquire a 20% stake inYes Bank for ₹13,482…

Asset quality issue at Indian banks subsiding, boosting banks’ appetite for growth: Fitch

Asset quality pressures from the previous credit cycle are subsiding, creating a favourable business environment for…

ICICI Bank reports margin contraction in Q3, net interest margins drop to 4.43%

ICICI Bank witnessed a contraction in its margins during the third quarter, aligning with analysts’ expectations.…

RBI’s Financial Stability Report hides the sorry state of Indian banking

The latest RBI Financial Stability Report, released on Wednesday, paints a picture of a relatively sound…

Scam faultline hurting Indian banking

More steps are needed to prevent frauds including tightening of internal and external audit systems of…