SMFG India Credit Secures Major Investment from Japanese Parent for Expansion | Headlines
On Friday, non-bank lender SMFG India Credit revealed a substantial financial endorsement from its Japanese parent, Sumitomo Mitsui Financial Group, with an Rs 1,075 crore investment aimed at supporting the firm's expansion across India.
This strategic maneuver comes via a rights issue, reinforcing the group's steadfast dedication to the Indian market. In the fiscal year 2025, Sumitomo Mitsui Financial Group had invested a remarkable Rs 4,300 crore in its subsidiary over two tranches.
SMFG India Credit, under the leadership of Managing Director and CEO Ravi Narayanan, is poised for its next growth phase, with a 21% increase in assets under management and disbursement growth of 29% reported at the end of December 2025.
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