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Fullerton India: Can Sumitomo Succeed Where Temasek Stumbled?

Fullerton India: Can Sumitomo Succeed Where Temasek Stumbled?
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Fullerton India Credit Company Gets More Capital from Temasek

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.

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