Japan’s SMBC to buy 13.2% stake in India’s Yes Bank for $1 billion
Japan’s SMBC to buy 13.2% stake in India’s Yes Bank for $1 billion
The Sumitomo Mitsui deal marks the biggest foreign investment in India’s banking sector, and is the latest move by Japanese lenders to expand in the country.
The Sumitomo Mitsui deal marks the biggest foreign investment in India’s banking sector, and is the latest move by Japanese lenders to expand in the country.