Grapevine: Sumitomo Mitsui, YES Bank, KKR and Avaada Group in news
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Grapevine: Sumitomo Mitsui, YES Bank, KKR and Avaada Group in news

By Nitesh Kumar

  • 06 May 2025
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Grapevine: Sumitomo Mitsui, YES Bank, KKR and Avaada Group in news
Credit: Reuters

Japan's Sumitomo Mitsui Banking Corp. (SMBC) is moving closer to acquire a substantial stake in YES Bank while private equity firm KKR is looking to revive the sale of its portfolio company RE Sustainability and Avaada Group is preparing for an initial public offering, separate media reports said.  SMBC-YES Bank SMBC is ......

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