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SMBC INDIA
Yes Bank sees Indians tip-toeing back to depositsIndian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend cou...- Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
- Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
- We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
- Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
- Sumitomo Mitsui Banking gets RBI's in-principle nod for fully-owned India subsidiaryIndia's central bank has given Sumitomo Mitsui Banking Corp initial approval to establish a wholly-owned subsidiary. This move allows the J...
- SMBC to share its global learning with Yes Bank, help raise the bar: Group CEOToru Nakashima, the Group CEO of Sumitomo Mitsui Banking Corporation, recently engaged with employees at Yes Bank, emphasizing his commitme...
- SMBC to buy additional 4.2% stake in Yes Bank from PE firm Carlyle GroupSumitomo Mitsui Banking Corporation (SMBC) is set to increase its stake in Yes Bank to 24.2% through two transactions: acquiring 4.2% from ...
- Bandhan Bank completes divestment in Yes Bank to Japan's SMBC, continues buying spree after SBI & Carlyle GroupBandhan Bank sold Yes Bank shares to Sumitomo Mitsui Banking Corporation. The deal involved over 15 crore shares. State Bank of India also ...
- 'Sumitomo Mitsui Banking Corp awaiting RBI call to buy 25% in Yes Bank'Sumitomo Mitsui Banking Corp (SMBC) has applied to the RBI to acquire up to a 25% stake in Yes Bank, exceeding the 20% outlined in their in...
- Yes Bank expects Japan's SMBC to maintain at least 20% stake, CEO Prashant Kumar saysYes Bank anticipates Sumitomo Mitsui Banking Corp (SMBC) to maintain at least a 20% stake, with regulatory factors potentially limiting fur...
- Japan's financial powerhouse SMBC moves a step closer to taking control of Yes BankYes Bank stake buy: Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially ...
- SMBC provides $120 million loan to Air India for A350-900 aircraft purchaseSumitomo Mitsui Banking Corporation (SMBC), Japan's second-largest bank, closed a $120 million aircraft financing loan for Air India to acq...
- SMBC picks Sandeep Chopra to head India corporate coverageSumitomo Mitsui Banking Corporation (SMBC) has appointed Sandeep Chopra as its head of corporate clients in India. Chopra, a 30-year-old co...
- Denso ties up Rs. 400 crore green loan from Sumitomo Mitsui Banking CorporationToshitake Funaki, CEO of SMBC India said this is SMBC India’s first ESG loan and sustainability linked financing is a very important agenda...
- Japan’s Sumitomo Mitsui Banking Corporation banks on Rakesh Garg for bigger opportunities in IndiaWith growth in India on its mind, the company has appointed a chief business officer for non-Japanese businesses to lead the way.
- SMBC hires Rakesh Garg as chief business officerGarg graduated from Indian Institute of Technology, Delhi and has an MBA from Indian Institute of Management, Ahmedabad.
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