Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most ...
MUMBAI: The Reserve Bank has given an in principle approval to final the Japanese financial major Sumitomo Mitsui Banking Corporation (SMBC) to acquire an additional 4.99% equity Yes Bank with voting ...
Yes Bank stock: The shares fell over 1% in early trade but later recovered to trade in the green. At the start of the day, ...
Sumitomo Mitsui Financial Group Inc. is considering making an additional $1.1 billion investment in Indian lender Yes Bank Ltd., people familiar with the matter said, following a previous investment ...
(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) Sumitomo Mitsui Banking ...
MUMBAI, May 16 (Reuters) - (This May 15 story has been corrected to clarify that SMBC will acquire the stake, not SBI, in paragraph 6) India's Yes Bank (YESB.NS), opens new tab expects Japan's ...