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SMFG INDIA CREDIT
Sumitomo Mitsui infuses Rs 1,075 cr into NBFC armJapanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into its Indian arm, SMFG India Credit. This follows a sign...- Elevated foreign ownership a positive for Indian financial firms: FitchForeign investors are showing increased interest in Indian financial firms. Fitch Ratings notes this can bring long-term capital and better...
- SMFG India Credit announces paid menstrual leave for women employeesSMFG India Credit has introduced a paid menstrual leave policy for all its women employees nationwide, effective December 2, 2025. Women wi...
- SMFG India Credit and PhonePe partner to launch loans for micro-merchantsSMFG India Credit has partnered with PhonePe to provide collateral-free Merchant Cash Advance loans to registered merchants, particularly t...
- Yes Bank shares rally 3% driven by reports of $1.1 billion additional investment from SMFGYes Bank shares: The stock price rose amid reports that SMFG plans to invest an additional $1.1 billion in the Indian lender, a move that c...
- Shantanu Mitra to step down as SMFG India's CEO and MDShantanu Mitra, the CEO and managing director of SMFG India Credit, is set to resign at the end of this month, as informed to the board. Th...
- SMFG India Credit raises $175 million via ECB from Standard Chartered Bank & CTBC BankSMFG India Credit (SMICC) has secured $175 million via External Commercial Borrowing, arranged by Standard Chartered Bank and CTBC Bank. Th...
- SMFG India Credit and Grihashakti named among top 50 companies with Great Managers in 2024SMFG India Credit and SMFG Grihashakti won the Great Manager Awards for the sixth time. Three of their leaders ranked among the top 100 man...
- SMFG India gets 91 mn euros loan from Deutsche BankDeutsche Bank has loaned €91 million (₹813 crore) to SMFG India Credit. The three-year sustainability-linked loan will support small busine...
- SMFG India credit eyes AUM growth after capital infusionSumitomo Mitsui Financial Group has taken full ownership of SMFG India Credit Co by increasing its stake to 100%. A Rs 1300 crore rights is...
- SMFG invests Rs 1,300 crore in SMFG India Credit Co Limited via rights issueThe Sumitomo Mitsui Financial Group holds 100% in SMFG India Credit Co, which was formerly Fullerton India Credit Company Limited. Followin...
- Suzuki Motorcycle India partners with SMFG India Credit Co for vehicle financeSuzuki Motorcycle India Pvt Ltd partners with SMFG India Credit Co Ltd to provide financing on purchase of its two-wheelers. SMFG India Cre...
- SMFG India Credit raises Rs 600 cr via maiden rupee-denominated perpetual debt issuanceJapan's Sumitomo Mitsui Banking Corporation has raised Rs 600 crore through its maiden rupee-denominated perpetual debt issuance and the mo...
- SMFG India Credit expands presence with strategic office lease at Embassy 247 in MumbaiSumitomo Mitsui Financial Group's Indian subsidiary, SMFG India Credit, has signed a lease agreement for 194,000 square feet of office spac...
- SMFG India Credit appoints Gaurav Terdal as chief human resources officerGaurav Terdal has been appointed as the Chief Human Resources Officer (CHRO) of SMFG India Credit. With over 19 years of experience in vari...
- SMFG India Credit elevates Swaminathan Subramanian as chief operating officerSwaminathan Subramanian has been appointed as the new Chief Operating Officer (COO) of SMFG India Credit. In his new role, Swami will be re...
- SMFG India Credit Co readies growth plan post Covid shockSMFG owns a 74.9% stake in SMFG India Credit Company, earlier called Fullerton India, which it purchased from Singapore's Temasek Group in ...
- SMFG India Credit eyes Rs 75,000 cr loan book by FY26The company was hit hard by the second wave of the pandemic and reported Rs 894.5 crore net income last fiscal against Rs 1500 crore loss i...
- Sumitomo Mitsui completes purchase of 74.9 pc stake in Fullerton IndiaAs part of the transaction, Fullerton India's board will be reconstituted to comprise Nobuyuki Kawabata, Rajeev Veeravalli Kannan, Hong Pin...
- Sumitomo Mitsui Financial to acquire 74.9% stake in Fullerton FinancialThis investment brings together SMFG’s Asian push towards consumer and MSME lending, with FICC’s expertise in serving mass-market consumers...
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