Dynamite News

RBI Clears Path for Japan’s SMBC to Set Up Wholly Owned Banking Subsidiary in India

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

Japan’s SMBC Gets RBI Approval to Establish Fully Owned Banking Subsidiary in India

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

Japanese Bank SMBC gets RBI in-principle approval to expand operations as wholly owned subsidiary

In a statement, the RBI said the approval allows SMBC to move from its current branch-based operations to a locally ...
Devdiscourse

RBI Grants 'In-Principle' Approval to SMBC for Indian Subsidiary

The Reserve Bank of India granted 'in-principle' approval to Sumitomo Mitsui Banking Corporation to set up a wholly-owned ...
The Financial Express

RBI approves Japan’s SMBC to set up wholly owned subsidiary in India

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

RBI gives in-principle nod to Japan’s SMBC to set up wholly-owned subsidiary in India

In a statement, the Reserve Bank of India said the approval allows SMBC to move from its current branch-based operations to a ...
Daijiworld

RBI clears path for Japan’s SMBC to set up wholly-owned banking arm in India

Japan-based Sumitomo Mitsui Banking Corporation (SMBC) is set to strengthen its presence in India after receiving in-principle approval from the Reserve Bank of India (RBI) to establish a wholly-owned ...