Japan based Sumitomo Mitsui Financial Group (SMFG) has infused ₹1,075 crore into its Indian NBFC arm, SMFG India Credit (SMICC), through a rights issue, reinforcing its long-term commitment to the Indian market.
The capital infusion is aimed at strengthening the company’s balance sheet and supporting its next phase of growth, as the NBFC focuses on expanding its operations and improving efficiency.
According to Ravi Narayanan, the investment will help accelerate digital transformation initiatives, enhance customer experience, and reinforce risk management and governance frameworks.
SMFG India Credit has been witnessing steady growth across its business segments. As of December 31, 2025, the company reported assets under management (AUM) of ₹64,100 crore, reflecting a 21% year-on-year increase.
Its loan disbursements grew 29% year-on-year to ₹39,500 crore during the April–December 2025 period, driven by demand across retail and small business segments.
The fresh capital injection is expected to further strengthen SMICC’s position in India’s competitive NBFC landscape, as it scales operations while maintaining a strong focus on compliance, transparency, and long-term value creation.
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