JAPANESE MAJOR SUMITOMO Of the total, Rs 300 crore has been directed towards its housing finance subsidiary, SMFG India Home Finance Company.
With another capital infusion round worth Rs 1,400 crore in April, SMFG India Credit Company (SMICC) has received ₹4,300 crore from its Japanese parent so far in 2024-25—the highest infusion in a year since the company began its India operations in 2007.
This story is from the December 27, 2024 edition of Financial Express Bengaluru.
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This story is from the December 27, 2024 edition of Financial Express Bengaluru.
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