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SMBC to purchase 20% stake in India’s YES Bank
finance.yahoo.com/news/smbc-purchase-20-stake-india-112921820.html
In This Article:
Sumitomo Mitsui Banking Corporation (SMBC), part of Sumitomo Mitsui Financial Group (SMFG), has agreed to acquire a 20% stake in YES Bank, making it the largest shareholder in the Indian private sector lender.
The investment, valued at approximately Rs134.8bn ($1.57bn),…
This story appeared on finance.yahoo.com, 2025-05-12 11:29:21.