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Reliance Cap partners Sumitomo, Nippon for bank foray

Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed......

Japanese merger creates world's largest bank

Japan's Mitsubishi Tokyo Financial Group and UFJ Holdings said on Thursday that they have clinched a deal to create the world's largest bank by October 1, 2005.The merged entity -- Mitsubishi UFJ......

Reliance Capital to list proposed bank in 3 years: Ambani

Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels......

Anil Ambani bullish about Reliance Capital's future

Industrialist Anil Ambani has said that his group's financial services arm Reliance Capital has drawn up "exciting growth plans" and it intends to more than double its customer base in the next 3-5......

HCL Group to foray into insurance sector

Indian billionaire Shiv Nadar's foray into the insurance sector is likely to fructify soon. DLF Pramerica Life, seeking an Indian partner for its operation, is in talks with Nadar's HCL Group to......
  Web results for Sumitomo Mitsui Financial Group
Asian equities extend gains after US rally

Asian equities followed Wall Street higher early Thursday, but caution remained the overall sentiment ahead of the release of key data from around... ...
Anil Ambani

Bullish on growth prospects of his group's financial services businesses, industrialist Anil Ambani said Japanese major Nippon Life is in an... ...
Nikkei leads declines in Asia after Fed stands pat

A "In the grand scheme of things, the decision by the Fed to leave rates unchanged is indicative that the global economy and the US economy is... ...
Mitsui keen to raise stake in Chola insurance JV

MUMBAI: Japan's Mitsui Sumitomo Insurance Group is looking to raise its stake to 49 per cent from 26 per cent in Cholamandalam MS General Insurance... ...

Japanese banks are among bidders for General Electric Co's ( GE.N ) local commercial lending and leasing operation, sources told Reuters on Friday.... ...

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