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ndia’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.

Banking

Japan’s SMBC Buying Stake in Yes Bank

India’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.

Economics, Policy & Regulation

Japan: Startups Wanted

For decades, Japan’s corporate giants relied on in-house R&D to drive innovation, while startups exited primarily via IPOs. But with...
Browse a full set of economic indicators

Japan

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Japan economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Japan best banks and safest banks are also available.
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