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SMFG India Credit plans to double AUM to over Rs 70,000 cr in 3 years

Shantanu Mitra, its chief executive and managing director, said the company's AUM expanded by over 40 per cent Year-on-Year basis to Rs 36,613 crore at end of March 2023 (FY23)

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SMFG India Credit eyes Rs 75,000 cr loan book by FY26

The company was hit hard by the second wave of the pandemic and reported Rs 894.5 crore net income last fiscal against Rs 1500 crore loss in FY22, as it could grow 10x growth in FY23 over FY22 with loan disbursements doubling to Rs 30,186.8 crore as of March and since then grown to Rs 36,000 crore.

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Non-banking lender SMFG India Credit eyes Rs 75,000 cr loan book by FY26

Mid-sized non-banking lender SMFG India Credit, formerly Fullerton India Credit, is looking at doubling the loan book over the next two-three years from the present Rs 36,000 crore.

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covid: SMFG India Credit Co readies growth plan post Covid shock

covid: SMFG India Credit Co readies growth plan post Covid shock
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SMFG India Credit Co Ltd (Formerly Fullerton India Credit Co Ltd ) reports INR 8,945 Mn Profit Before Tax (PBT) in FY23, clocks 10x growth in FY23 over FY22

The Indian financial sector witnessed a momentous deal in July 2021 when Sumitomo Mitsui Financial Group (SMFG) acquired a 74.9% stake in Fullerton India Credit

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