India's central bank on Wednesday laid down a framework to standardise the process of making and amending rules, including ...

Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...

By Siddhi Nayak (Reuters) -Talks between Sumitomo Mitsui Banking Corp (SMBC) and Yes Bank are apace as the Japanese firm eyes ...

India and China increase gold reserves, while the U.S. holds the most gold. Why are countries hoarding gold now?

Reserve Bank of India reports a significant increase in gold reserves. The share of gold in forex reserves has doubled since ...

Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially ...

Yes Bank share price rallied 10% on report that Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured approval from the ...

This move comes shortly after the Reserve Bank of India (RBI) cut the repo rate by 25 bps in April, taking the total cut to ...

Revolut, which is touted to be the most valued fintech in Europe is set launch in India with its domestic and international ...

Revolut will offer three different kinds of payment options to users—the PPI or prepaid payment instrument wallet and a ...

RBI's gold reserves increase, with more held domestically, as central banks globally boost gold purchases for stability.

Under Indian securities law, a controlling stake acquisition will trigger an open offer, requiring SMBC to offer to buy up to ...