Sumitomo Mitsui Doubles Down On India With Plan To Buy Stake In Yes Bank For $1.6 Billion
- Posted on May 10, 2025
- By Forbes
- 3 Views
Sumitomo Mitsui Doubles Down On India With Plan To Buy Stake In Yes Bank For $1.6 Billion
Upon completion of the deal, Sumitomo Mitsui will be the biggest shareholder of Yes Bank, whose earnings have recovered since the State Bank of India and other investors injected fresh capital into the lender in 2020.
