Japan's SMFG puts $350 million into Indian NBFC arm
Mint Chennai|December 27, 2024
Japan's Sumitomo Mitsui Financial Group (SMFG) has invested an additional ₹3,000 crore, or over $350 million, into SMFG India Credit through a rights issue.
Ajay Ramanathan

Japan's Sumitomo Mitsui Financial Group (SMFG) has invested an additional ₹3,000 crore, or over $350 million, into SMFG India Credit through a rights issue. This investment, which also includes ₹300 crore directed towards its wholly owned subsidiary—SMFG India Home Finance—follows an infusion of ₹1,300 crore in April this year.

Bu hikaye Mint Chennai dergisinin December 27, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Mint Chennai dergisinin December 27, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MINT CHENNAI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Mint Chennai

The Perks of Reflection and Daily Me-Time

Introspection helps one think more clearly, says Spinny CEO Niraj Singh

time-read
2 dak  |
January 06, 2025
Mint Chennai

Hiring Is Just The First Step Towards Inclusion

Persons with disabilities and those from marginalized groups need mentors and a supportive environment to grow in their careers

time-read
4 dak  |
January 06, 2025
Mint Chennai

It's your touch that will push an AI co-worker to do better

AI agents help break down silos and improve decision-making and collaboration, but it's people who can leverage their benefits

time-read
2 dak  |
January 06, 2025
Mint Chennai

The Digital Data Protection rules have hits and misses

Some provisions can set a global example for age-gating but others would overburden data fiduciaries

time-read
4 dak  |
January 06, 2025
Mint Chennai

The 'Asian Aunty' is smashing ageist and gender stereotypes

'Aunty' leaders are tackling a widely normalized form of 'othering'

time-read
3 dak  |
January 06, 2025
Mint Chennai

Public debt: Do not let it eclipse the fiscal deficit

The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator

time-read
2 dak  |
January 06, 2025
Mint Chennai

Longevity Is Usually A Reward For Being Unspectacular

Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields

time-read
4 dak  |
January 06, 2025
Mint Chennai

Get public-private partnerships right for target-oriented growth

The UK's new government should engage the private sector with deals that achieve public objectives

time-read
3 dak  |
January 06, 2025
Mint Chennai

How to Use Home Loan Interest as Acquisition Cost

What to do with home loan interest

time-read
2 dak  |
January 06, 2025
Mint Chennai

Inside Sebi's 30-month investigation

Though independent directors do not oversee a company's daily operations, Sebi has said that there is direct evidence of their involvement in the scam.

time-read
2 dak  |
January 06, 2025