Tokyo-based Sumitomo Mitsui Banking Corp (SMBC) has acquired a significant stake in India’s Yes Bank. The deal valued at ₹13,482 crore (approximately $1.6 billion), represents the largest cross-border investment in an Indian private bank.

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Tokyo-based Sumitomo Mitsui Banking Corp (SMBC) has acquired a significant stake in India’s Yes Bank. The deal valued at ₹13,482 crore (approximately $1.6 billion), represents the largest cross-border investment in an Indian private bank.

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