Japanese financial giant Sumitomo Mitsui Financial Group continues strengthening its India footprint through significant capital deployment. SMFG injected Rs 1,075 crore into its non-banking finance subsidiary SMFG India Credit via rights issue, following a Rs 3,000 crore infusion in December 2024. The NBFC arm has grown substantially with assets under management reaching Rs 64,100 crore as of December 31, 2025, and disbursements totaling Rs 39,500 crore. Beyond its NBFC operations, SMFG has emerged as a major stakeholder in Yes Bank, holding 24.2% stake after initial acquisition of 20% for $1.6 billion in May 2025. This strategic capital infusion demonstrates SMFG's confidence in India's financial services sector and its commitment to expanding lending operations in the country's growing NBFC landscape.
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