The capital injection aims to bolster SMFG India Credit’s balance sheet and allow for an expansion of operations, as the company continues to grow its lending presence in retail and small business sectors.
Commenting on the development, Managing Director and CEO Ravi Narayanan stated, “This capital infusion from SMFG strengthens our strategy and execution capabilities as we embark on our next growth phase.” He also noted that the company is committed to achieving sustainable and consistent growth, while enhancing its digital transformation and upholding high governance, compliance, and risk management standards.
As of December 31, 2025, SMFG India Credit’s assets under management reached ₹64,100 crore, reflecting a 21% year-on-year growth. During the period from April to December 2025, disbursements surged 29% year-on-year to ₹39,500 crore, indicative of strong business momentum.
Together with its housing finance subsidiary SMFG Grihashakti, the company has established a significant presence across more than 670 towns and over 70,000 villages via a network of over 1,000 branches, offering a variety of lending products such as SME financing, vehicle loans, home loans, and personal credit.
The recent capital infusion highlights SMFG’s ongoing commitment to enhancing its India operations in response to the country’s increasing credit demand.
