Sumitomo Mitsui Eyes Bigger Stake in Yes Bank with $1.1 Billion Boost
A Growing Japanese Bet on India’s Banking Revival Japan’s Sumitomo Mitsui Financial Group (SMFG) is reportedly considering a fresh $1.1 billion investment in India’s Yes Bank, marking a significant escalation in its commitment to one of India’s most closely watched banking turnaround stories. According to sources cited by Bloomberg, the proposed investment would be in addition to the $1.6…



