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Sumitomo Mitsui Banking Corporation

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Bottomline: NIIF-backed Aseem Infra's profit jumps on growth in loan book, strong asset quality

Finance

18 November, 2024

Bottomline: NIIF-backed Aseem Infra's profit jumps on growth in loan book, strong asset quality

For a non-banking finance company that began its lending operations only four years back, Aseem Infrastructure Finance Ltd has come ......

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

Finance

13 August, 2024

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% ......

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Grapevine: Mizuho withdraws from Yes Bank race; K Hospitality eyes IPO

General

07 August, 2024

Grapevine: Mizuho withdraws from Yes Bank race; K Hospitality eyes IPO

Japanese financial giant Mizuho has decided to withdraw from the race to acquire a significant stake in Yes Bank, leaving Sumitomo Mitsui ......

NIIF-backed Aseem Infra Finance onboards Japanese bank SMBC as strategic investor

TMT

25 February, 2022

NIIF-backed Aseem Infra Finance onboards Japanese bank SMBC as strategic investor

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has joined National Investment and Infrastructure Fund (NIIF) incubated Aseem Infrastructure Finance Limited (AIFL) ......

Market-bound Northern Arc Capital raises debt from Japanese bank SMBC

Finance

29 September, 2021

Market-bound Northern Arc Capital raises debt from Japanese bank SMBC

Debt financing platform Northern Arc Capital, which filed for an initial public offering (IPO) this year, has received fresh debt ......

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Indiabulls pulls out more from OakNorth but gains get clipped from peak valuation

Finance

16 October, 2020

Indiabulls pulls out more from OakNorth but gains get clipped from peak valuation

Indiabulls Housing Finance Ltd has raised Rs 220 crore ($30 million) by selling shares of UK-based OakNorth Bank Ltd’s parent, ......

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Northern Arc refills its account with fresh capital from SMBC, PE investors

Finance

16 December, 2019

Northern Arc refills its account with fresh capital from SMBC, PE investors

Non-banking financial company Northern Arc Capital Ltd. has received a fresh dose of capital from Japan’s Sumitomo Mitsui Banking Corporation ......