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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 ......

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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 ......

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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 ......