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Japan's Mizuho Bank invests Rs 1,200 crore ($145m) in Credit Saison India, the first investment by a non-group company, strengthening its lending franchise.
Japan's Mizuho Bank has invested Rs 1,200 crore ($145 million) in Credit Saison India, marking the first investment by a non-group company into Credit Saison India.
This strategic partnership will support Credit Saison India to continue growing as a well-diversified, resilient lending franchise.
Credit Saison India, the Indian arm of Saison International, received its non-banking financial company (NBFC) licence in 2019 and has since expanded into wholesale and retail lending through tech-integrated partnerships and direct lending to small and medium-sized enterprises.
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El Mizuho Bank de Japón invierte 1.200 millones de rupias (145 millones de dólares) en Credit Saison India, la primera inversión de una empresa ajena al grupo, fortaleciendo su franquicia crediticia.