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
Japanese bank acquires Rs 371 crore stake in Reliance Capital
The Japan-based Sumitomo Mitsui Trust Bank (SMTB) has acquired a minority stake in the Anil Ambani-led Reliance Capital Ltd (RCL) -- part of the Reliance Group -- for Rs 371 crore.
Jan 23, 2015, 16:51 PM IST
Reliance Cap ropes in Japan's SMTB as strategic partner
Firming up its plans to set up a bank, Anil Ambani group firm Reliance Capital on roped in Japan's Sumitomo Mitsui Trust Bank (SMTB) as a strategic partner to collaborate on various businesses, including in its proposed banking venture.
Dec 25, 2014, 16:12 PM IST
