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Mizuho Bank buys into Credit Saison India for consumer fin & SME play
Mizuho Bank, Japan's third-largest bank by assets, has invested INR 1,200 crore (approximately $160 million) for a 15% stake in the Bangalore-based non-banking finance company (NBFC) Credit Saison. This move is part of Mizuho's strategy to diversify into lending to small enterprises and consumer finance in India, expanding beyond its large corporate book.