Japan’s Sumitomo Mitsui Banking gets RBI nod to pick 51% in Yes Bank

Sumitomo Mitsui Banking will either buy less than 26% in Yes Bank and do a merger through a share swap or buy up to 26% and launch an open offer. Apart from SBI, other Yes Bank shareholders include Axis Bank, Kotak Mahindra Bank and HDFC Bank. Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured Reserve […]

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Financial impropriety forced Modi Govt. to remove Subramanian as IMF Executive Director: Congress

Congress spokesperson, Supriya Shrinate alleged that Union Bank of India placed an order for two lakh copies of a book authored by Subramanian, who had earlier served as Chief Economic Adviser to the Union Government. The Congress on Tuesday (May 6, 2025) claimed that Narendra Modi Government abruptly terminated K.V. Subramanian’s tenure as India’s Executive Director at […]

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