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Sumitomo Mitsui raises $170 mn from offshore investor for Indian NBFC arm

Finance

10 January, 2025

Sumitomo Mitsui raises $170 mn from offshore investor for Indian NBFC arm

Japanese conglomerate Sumitomo Mitsui Financial Group has raised around $170 million or Rs 1,425 crore from an offshore ......

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Grapevine: Norfund, AIIB eye IndiGrid's new platform; suitors line up for Yes Bank

General

11 July, 2024

Grapevine: Norfund, AIIB eye IndiGrid's new platform; suitors line up for Yes Bank

Norfund and German development finance institution DEG are among the investment firms considering a stake in KKR-backed......

Japan's Sumitomo Mitsui Financial buys 74.9% stake  in Fullerton India Credit

Finance

01 December, 2021

Japan's Sumitomo Mitsui Financial buys 74.9% stake in Fullerton India Credit

Japan’s Sumitomo Mitsui Financial Group (SMFG) has bought 74.9% stake in non-bank lender Fullerton India...

Japan's SMFG seeks CCI nod to acquire Fullerton India Credit

Finance

05 August, 2021

Japan's SMFG seeks CCI nod to acquire Fullerton India Credit

Japan’s Sumitomo Mitsui Financial Group (SMFG) has filed a proposal with the Competition Commission of India (CCI) to acquire...

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Weekly Deals Wrap: Fullerton, PharmEasy, Ola seize top spots on charts

Finance

09 July, 2021

Weekly Deals Wrap: Fullerton, PharmEasy, Ola seize top spots on charts

In the second week of July total transactions jumped 2.5 times sequentially to $4.35 billion with Fullerton Financial Holdings...

Japan's SMFG to buy 74.9% stake in Temasek-owned Fullerton's NBFC

Finance

06 July, 2021

Japan's SMFG to buy 74.9% stake in Temasek-owned Fullerton's NBFC

Sumitomo Mitsui Financial Group Inc, Japan's second largest lender by assets, said on Tuesday it would buy a 74.9% stake ......

Sumitomo Mitsui looks for India investment targets in Asia growth push

Finance

07 June, 2019

Sumitomo Mitsui looks for India investment targets in Asia growth push

Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and ......