The first three weeks of December witnessed a trio of big-ticket cross-border deals involving Japanese entities, underscoring a renewed surge of interest of investors and corporations to India from the Land of the Rising Sun.
foreign investment
SMBC Gets RBI Nod to Acquire 24.99% Stake in Yes Bank, to Join Board with 2 Seats
SMBC Yes Bank Deal : Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India’s banking sector; SBI, other banks to sell shares.