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RBI gives approval to Japan's SMBC for setting up Wholly Owned Subsidiary
Updated : 4 months, 1 week ago IST
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
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India can be key manufacturing hub for Japanese companies amid global tari
Updated : 7 months, 3 weeks ago IST
Japanese companies can look at India as a crucial market to sell their products and also make it a manufacturing base, as the Asian country grapples with tariff barriers, Rajeev Khanna, Managing Executive Director and head of the India division at Sumitomo Mitsui Banking Corporation (SMBC),
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