SMBC open to bigger Yes Bank stake; plans for India unit under consideration: Report
17 Nov 2025 | Category: Business
The Japanese financial institution is the largest shareholder in Yes Bank after it acquired 24.99 percent stake in the domestic lender in September this year
Sumitomo Mitsui Banking Corporation (SMBC) is considering to open a wholly owned unit in India, managing executive officer and India head Rajeev Kannan said in an interview with The Economic Times.
Kannan told ET that it’s important to have a local u...
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