Sumitomo Mitsui Monetary Group invests ₹1,300 crore in SMFG India Credit score to gas development

Japan’s Sumitomo Mitsui Monetary Group, Inc. (SMFG), on Tuesday mentioned it has invested ₹1,300 crore in its wholly-owned subsidiary SMFG India Credit score Co. Ltd./SMICC (previously Fullerton India Credit score Co. Ltd.) by way of rights subject to gas development. SMICC, in a press release, mentioned it has invested Rs 150 crore in its wholly-owned … Read more

IIFL’s gold guide may run down in subsequent 2-3 quarters if RBI’s restrictions delay: CARE Scores

CARE Scores has cautioned that if the Reserve Financial institution of India’s restrictions on IIFL Finance Ltd (IIFL) delay, its gold guide is anticipated to run down within the subsequent 2-3 quarters. Gold loans constituted about 79 per cent of the non-banking finance firm’s standalone Property Beneath Administration (AUM) of ₹31,430 crore as on December-end … Read more