Japan's Sumitomo Mitsui Trust Bank buys Reliance Capital stake
Preparing for its banking foray, Reliance Capital has completed sale of 2.77 per cent stake for Rs 371 crore to Japan's Sumitomo Mitsui Trust Bank, which would be a strategic partner in the proposed bank.
Mar 12, 2015, 12:29 PM IST
Citigroup selling its Japan retail bank business
Citigroup said on Thursday it was selling its century-old Japanese retail banking operations to major lender Sumitomo Mitsui as part of an effort to shrink its consumer business globally.
Dec 25, 2014, 15:28 PM IST