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DMI Finance raises $400 mn from Japan’s MUFG Bank

  • 3 Apr 2023
  • Post Views: 860

MSMEs are going to be a greater focus area for the NBFC

BY PIYUSH SHUKLA • APR 3, 2023


NON BANKING FINANCE COMPANY (NBFC), DMI Finance on Monday said it has raised $400 million in an equity round led by MUFG Bank of Japan. The fundraise, which involved primary and secondary transactions, saw participation from existing investors. Sumitomo Mitsui Trust Bank, DMI Finance said.

Source: Financial Express

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Important Notice

This is to inform that DMI Housing Finance Private Limited (“DMIHFC/Company”) has paid a penalty of Rs.23,55,000/- (Rupees Twenty Three Lakh Fifty Five Thousand Only) plus applicable taxes within prescribed timeline as laid down by National Housing Bank (“NHB”) vide letter bearing reference no.NHB(ND)/HFC/DOS/Sup.(Insp)/OUT00871/2021 dated February 25, 2021 with respect to the observations as mentioned in Inspection of DMI Housing Finance Private Limited conducted as per provisions of the NHB Act, 1987- for 31-03-2019 & 31-03-2020

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