The Japanese megabank will transform its local presence into a centralised corporate structure. Sumitomo Mitsui Banking ...

SMBC currently operates in India through four branches in New Delhi, Mumbai, Chennai and Bengaluru, and the WOS approval ...

RBI has given in-principle approval to Japan’s SMBC to set up a wholly-owned banking subsidiary in India, strengthening ...

This stability is striking when set against the scale of change. Total banking assets in nominal terms have surged from Rs 11 trillion in 2000 to Rs 281 trillion in 2024, a 25-fold increase. Meanwhile ...

As Indian SMEs accelerate plans to expand into the UAE, banking and compliance have emerged as the real gatekeepers of market entry.

India’s banking sector has recorded a sharp post-pandemic revival, marked by rapid expansion in assets, deposits and credit, reflecting renewed financial intermediation and deeper credit penetration ...

The Reserve Bank of India has granted in-principle approval to Japan’s Sumitomo Mitsui Banking Corporation to establish a ...