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MobiKwik IPO: These Risks Can Impact Fintech Firm s Future Prospects
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Fullerton India s acquisition value accretive for Sumitomo: Moody s
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Sumitomo Mitsui Financial to acquire 74 9% stake in Fullerton Financial
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Fullerton India Credit Company Gets More Capital from Temasek
Posted on 05/20/2021
Fullerton Financial Holdings (FFH), owned by Temasek Holdings, committed capital of Rs 750 crore of equity into its unit Fullerton India Credit Company Limited, a non-banking financial company. In June 2020, Fullerton Financial Holdings committed capital of Rs 750 crore of equity into its unit Fullerton India Credit Company.
Since fiscal year 2007, Fullerton Financial Holdings infused around Rs 3,050 crore in equity in Fullerton India Credit Company.
In February 2021, Fullerton India Credit Company hired Shantanu Mitra as the new CEO and Managing Director. Before this role, Shantanu Mitra was Senior Regional Risk Officer, India, Middle East and Africa at Standard Chartered. Shantanu Mitra worked at Fullerton Financial from 2010 to 2017.
Temasek-backed Fullerton Financial injects Rs 750 cr in Indian subsidiary
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