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SMFG's Big India Adventure: $5 Billion and New Hires

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SMFG's Big India Adventure: $5 Billion and New Hires

SMFG is going all out in India, throwing around $5 billion to boost lending and hire more staff. They're getting cozy with Yes Bank and opening new offices in Chennai and GIFT City. Rajeev Kannan says they want to scale up and take on big names like HSBC. It's a financial showdown, and they're ready to rumble!

05:35 am on Friday, 28 November, 2025 | Bloomberg

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