The capital infusion from Sumitomo Mitsui Financial Group to accelerate growth.
Mumbai, April 24, 2026: 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%.
