Brind.
  1. Sumitomo Mitsui Financial Group is the largest strategic shareholder of Yes Bank, a partnership aimed at expanding credit access under India's financial inclusion agenda.

Strategic partnership announced between Yes Bank and Northern Arc Capital Ltd to expand credit access. The bank is also under investigation regarding alleged fraudulent loan assignments.

1 report, 1 independent Updated Jun 17
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What happened

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Strategic partnership announced between Yes Bank and Northern Arc Capital Ltd to expand credit access. The bank is also under investigation regarding alleged fraudulent loan assignments.

Who's involved

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The entities involved

  • Yes Bank

    Indian private sector bank

    Nothing else this week.

Coverage

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