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

India's foreign exchange reserves increased to approximately $696.61 billion by December 22, according to data released by ...

The RBI has issued comprehensive Internal Ombudsman Directions, 2026 for multiple regulated entities. The move aims to ensure fair, independent, and timely review of customer complaints before ...

The in-principle approval allowed the bank to set up the wholly owned subsidiary through the conversion of its existing ...

SMBC currently conducts banking operations in India in branch mode through four branches located in New Delhi, Mumbai, ...

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

Japanese lender to convert existing branches into a wholly-owned subsidiary, gaining greater operational flexibility ...

Draft governance amendments mandate a three-year cooling-off period after 10 years of continuous directorship to curb tenure ...

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to receive ‘in-principle’ approval from the Reserve Bank of India ...

The Reserve Bank of India's 3-year dollar/rupee buy-sell swap drew strong demand on Tuesday, with the auction drawing bids a ...

Foreign exchange reserves fell by $9.809 billion to $686.801 billion in the week ended January 2, data released by the ...