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Fullerton India parent infuses Rs 750 crore equity as additional buffer

The company will also benefit from various government initiatives recently announced in the economic package

Govt launches updated Credit linked Capital Subsidy Scheme for MSMEs
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The operating environment has become challenging due to the Covid-19 led lockdown for most segments that the company operates in.

Abhijit Lele Mumbai
Temasek backed Fullerton Financial Holdings (FFH) has infused Rs 750 crore equity capital in its Indian arm Fullerton India as additional buffer during the current difficult period (Covid-19 led lockdown) and growth capital as business gradually opens up.

Fullerton India, a Reserve Bank of India regulated non-banking finance company, with focus on lending to individuals and small business (MSME), will benefit from the various government initiatives recently announced in economic package.  

The capital infusion consolidate its growth agenda for lending  demonstrates parent’s confidence in resilience of the Indian
Company, Fullerton India said in a statement. Temasek is a sovereign wealth fund of the

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