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Sumitomo Mitsui pumps Rs 1075 crore into its NBFC arm in India
Business
Published on 25 April 2026
A fresh infusion after a bigger Rs 3000 crore boost
Japanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into SMFG India Credit, its Indian NBFC arm. The move follows a ₹3,000 crore infusion in December 2024. By December 2025, SMFG India Credit’s assets under management rose to ₹64,100 crore. Separately, the group increased its Yes Bank stake to 24.2% in September 2025.
- Sumitomo Mitsui Financial Group invested ₹1,075 crore in SMFG India Credit
- The infusion comes after a prior ₹3,000 crore funding round in Dec 2024
- SMFG India Credit grew AUM to ₹64,100 crore by Dec 2025
- SMFG also raised its Yes Bank stake to 24.2% in Sep 2025
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times