Japan's SMBC gets RBI nod to open India subsidiary after Yes Bank stake deal
Japan's Sumitomo Mistsui Banking Corp gets approval of the Indian central bank to open a wholly-owned subsidiary in India. This comes after SMBC's Yes Bank stake deal last year and is the second such RBI approval to a foreign bank in eight months.
Japan's Sumitomo Mistsui Banking Corp gets approval of the Indian central bank to open a wholly-owned subsidiary in India. This comes after SMBC's Yes Bank stake deal last year and is the second such RBI approval to a foreign bank in eight months.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
