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Japan's financial powerhouse SMBC moves a step closer to taking control of Yes Bank

Posted by Able on May 05, 2025

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Japanese financial giant Sumitomo Mitsui Banking Corp. (SMBC) is in advanced talks to acquire a substantial stake in Yes Bank, after several months of negotiations, according to sources familiar with the matter.

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Japan's financial powerhouse SMBC moves a step closer to taking control of Yes Bank

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