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Japan's SMFG to make $1.1 bn additional investment in Yes Bank
short by Shristi Acharya / on 15 Jul 2025,Tuesday
Japan's Sumitomo Mitsui Financial Group (SMFG) is set to make $1.1 billion additional investment in Yes Bank, following its previous funding in March, reports stated. SMFG is seeking to acquire 5% of Yes Bank shares from US investment fund Carlyle Group and others. The new investment would bring total amount to $2.7 billion, giving SMFG 25% stake in Yes Bank.
short by Shristi Acharya / 04:33 pm on 15 Jul
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