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Sumitomo Mitsui infuses Rs 1,075 cr into NBFC arm

Posted on April 25, 2026
By Business News Today
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Sumitomo Mitsui infuses Rs 1,075 cr into NBFC arm

Japanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into its Indian arm, SMFG India Credit. This follows a significant ₹3,000 crore infusion in December 2024. SMFG India Credit's assets under management reached ₹64,100 crore by December 2025. The group also increased its stake in Yes Bank to 24.2% in September 2025.