emergencyBreaking NewsKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisisKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisis
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Home/Briefs/cross-border investment
BriefApril 9, 2026 · 06:48 AM

Sumitomo Mitsui Banking Corporation Becomes Yes Bank's Largest Shareholder in $1.47 Billion Deal

Sumitomo Mitsui Banking Corporation is now the largest shareholder of Yes Bank, holding 24.22% of equity. The position was established through a USD1.47 billion stake acquisition. The State Bank of India and seven other private sector banks sold a 20% stake to the Japanese lender to facilitate the transaction.

Lyra Vane
cross-border investmentbankingM&A

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