Sumitomo Mitsui Financial Group, (SMFG) has infused INR 1,075 crore into SMFG India Credit (SMICC) through a rights issue, reinforcing its long-term commitment to the Indian market and the company’s growth trajectory.
Mr. Ravi Narayanan, MD & CEO, SMFG India Credit, said “This capital infusion from SMFG reinforces our strategy and execution strength as we enter our next phase of growth. We remain focused on delivering sustainable, predictable, and non-volatile growth through superior execution and agility. By accelerating our digital transformation journey with new-age technologies, strengthening our commitment to fair, transparent practices to enhance customer experience and upholding highest standards of governance, compliance & risk management, we are well-positioned to deepen our market presence and create long-term value for our stakeholders.”
SMICC’s Assets Under Management (AUM) stood at INR 64,100 crore as of December 31, 2025, reflecting a year-on-year growth of 21%. Disbursements for the period April 2025 to December 2025 was INR 39,500 crore, registering a year-on-year growth of 29%.
About SMFG India Credit: SMFG India Credit Co. Ltd., a leading NBFC – Investment and Credit Company (NBFC-ICC) registered with the Reserve Bank of India and a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been operating in India since 2007. Together with its subsidiary, SMFG India Home Finance Co. Ltd. also known as SMFG Grihashakti, the company has established a pan-India presence, across 670+ towns and 70,000+ villages through 1000+ branches and 22,500+ employees offering lending products to underserved & unserved retail and small business borrowers. By doing so, it has introduced people to formal credit. SMFG India Credit along with SMFG Grihashakti offers a comprehensive range of lending solutions, including SME financing, commercial vehicle and two-wheeler loans, home loans, home improvement loans, loans against property and shares, personal loans, and rural livelihood advancement loans etc.
About Sumitomo Mitsui Financial Group (SMFG): SMFG is one of the largest global banking and financial service groups, offering a diverse range of financial services including commercial banking, leasing, securities and consumer finance and is headquartered in Japan. SMFG is listed on the Tokyo and New York (via ADR) Stock Exchanges and has a market capitalization of approximately US$123.8 billion (as of the end of December 2025). SMFG is one of the global systemically important banks (G-SIBs) and has high credit ratings of A1 by Moody’s Investors Service and A- by Standard & Poor’s.