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Japan's SMBC gets RBI nod to open India subsidiary after firm's Yes Bank stake deal

New Delhi, Jan. 14 -- Japan's Sumitomo Mitsui Banking Corporation (SMBC) on Wednesday, 14 January 2026, disclosed that the lender received an 'in-principle' approval from the Reserve Bank of India (RB... Read More


Japan's SMBC gets RBI nod to open India subsidiary after Yes Bank stake deal

New Delhi, Jan. 14 -- The Reserve Bank of India (RBI) on Wednesday said it has decided to allow Sumitomo Mitsui Banking Corp. (SMBC) to operate a wholly-owned arm in India, four months after the Japan... Read More