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SMFG Eyes $1.1 Billion Boost in Yes Bank
Mint Kolkata
|July 16, 2025
Sumitomo Mitsui Financial Group Inc. is considering making an additional $1.1 billion investment in Indian lender Yes Bank Ltd, people familiar with the matter said, following a previous investment made by Japan's second-biggest bank two months ago.
SMFG is seeking to acquire about 5% of Yes Bank shares from US investment fund Carlyle Group Inc. and other minority shareholders, the people said, asking not to be identified because the deliberations are private. SMFG may also buy about $680 million in conver
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FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
Airtel now 2nd-biggest Indian firm by m-cap
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Mint Kolkata
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