Sumitomo Mitsui Financial Group invests ₹4,300 crore in India to boost financial inclusivity and growth.

Sumitomo Mitsui Financial Group (SMFG) has invested ₹3,000 crore in its Indian operations, following a ₹1,300 crore investment in April, totaling ₹4,300 crore for the year. This capital infusion aims to enhance financial inclusivity and growth in India, with ₹300 crore specifically for its home finance subsidiary. The investment will improve SMFG India Credit's assets under management and capital adequacy ratio.

3 months ago
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