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Sumitomo Mitsui Banking

RBI Allows Japan’s Sumitomo Mitsui Banking to Set Up Local Unit in India

March 28, 2026September 28, 2026 admin 0 Comments Banking Policy, financial regulation, Foreign Banks, Indian Banking Sector, RBI regulation, Sumitomo Mitsui Banking

The Reserve Bank of India has permitted Japan’s Sumitomo Mitsui Banking Corporation to establish a wholly owned subsidiary in India,

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Online Certificate Course on Bancassurance: Business Models, Sales Strategy and Compliance
SBI Raises Lending Rates After RBI Repo Rate Hike
RBI Uses About Half of $140 Billion FX Inflows to Defend Rupee
Indian Bank Deposits Hit Record ₹284 Trillion in September
Union Bank of India Recognised for Accessibility Initiatives

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