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SMFG INVESTMENT INDIA
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...
SMBC rules out raising stake in Yes Bank beyond 25%, Yes shares tumbleSumitomo Mitsui Banking Corporation has decided to cap its investment in Yes Bank at 24.99%, choosing to solidify its presence as the princ...
Japan's SMBC completes acquisition of 20% stake in Yes Bank, becomes largest shareholderSumitomo Mitsui Banking Corporation (SMBC) has finalized its acquisition of a 20% stake in Yes Bank, becoming its largest shareholder. This...
Yes Bank shares in focus as SBI sells 13.18% stake to Japan’s SMBCYes Bank share price: State Bank of India has sold a 13.18% stake in Yes Bank to Japan’s SMBC, marking the largest cross-border banking div...
Japan's SMBC to buy additional 4.2% stake in Yes Bank from Carlyle GroupSumitomo Mitsui Banking Corporation (SMBC) has agreed to acquire an additional 4.2% stake in Yes Bank from CA Basque Investments, following...
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...
SMFG said to eye $1.1 billion additional investment in Yes BankSumitomo Mitsui Financial Group is contemplating an additional $1.1 billion investment in Yes Bank, potentially increasing its stake to 25%...
Japan's SMBC seeks CCI nod to acquire 20 pc stake in Yes BankSumitomo Mitsui Banking Corporation (SMBC) is seeking regulatory approval from the CCI to acquire a 20% stake in Yes Bank, marking a signif...
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 stake buy in Yes Bank to pave way for other foreign entrants in Indian banking sector: FitchFitch Ratings on Tuesday said Sumitomo Mitsui Financial Group's (SMFG) 20 per cent stake buy in Yes Bank could pave way for other foreign e...
Japan's SMBC gets Yes from SBI with a $1.6 bn handshakeSumitomo Mitsui Banking Corporation of Japan has signed a deal to buy a 20% stake in Yes Bank. The deal is worth ₹13,483 crore. State Bank ...
Paytm to expand to Saudi Arabia, UAE and Singapore; appoints former bureaucrat Bimal Julka to boardThe company plans to invest up to Rs 20 crore in each market to launch its merchant payment and financial services products, according to a...
Japan's megabanks are flush with cash and hunting overseas deals. On their radar? India.Flush with record profits and cash from divestments, Japan's megabanks are aggressively expanding in the US and India. They're targeting In...
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 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 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 ...
SMBC Bank, Oaktree submit EoIs for IDBI's strategic stake saleThe government and LIC together are looking to sell 60.72% in IDBI Bank and had invited bids from potential buyers last October. The two to...
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...
- Kotak Mahindra Capital Company partners Sumitomo Mitsui Banking Corp
"Japan is a priority market for cross-border M&A with India, and the growing relationship and synergies between the two countries will only...