Fullerton India raises ₹2,795 crore through ECB
In the past year, Fullerton India became a consolidated subsidiary of Japan’s Sumitomo Mitsui Financial Group (SMFG), with the latter acquiring 74.9% stake from Fullerton Financial Holdings (FFH). SMFG will eventually acquire 100% stake
MUMBAI: Non-bank lender Fullerton India Credit Company Ltd . on Monday said it has raised ₹2,795 crore, or around $350 million, through external commercial borrowings (ECBs).
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