Archive · 30 Dec 2025
SMFCL approves ₹4,300 crore loans for maritime financing
SMFCL, a company in India, has approved loans worth ₹4,300 crore to help with maritime financing.
This means they will lend this money to people or companies involved in ships and the sea.
They plan to give out this money in the current financial year.
By the year 2025-26, they want to have a total of ₹8,000 crore in loans given out.
This will help them become stronger in the maritime financing sector.
SMFCL approved loans worth ₹4,300 crore for maritime financing.
The loans will be disbursed in the present fiscal year.
The company aims to build a loan book size of ₹8,000 crore by FY 2025-26.
This move is to strengthen SMFCL's position in maritime financing.
The announcement was made in a statement by SMFCL.
- Who
- SMFCL (Shipping and Maritime Finance Company Limited)
- What
- Approved loans worth ₹4,300 crore for maritime financing
- When
- Present fiscal year (disbursement)
- Where
- India
- Why
- To strengthen its position in maritime financing and aim for a loan book size of ₹8,000 crore by FY 2025-26
- Loan Amount
- ₹4,300 crore
- Disbursement Period
- Present fiscal year
- Target Loan Book Size
- ₹8,000 crore by FY 2025-26
- Company
- SMFCL
- Sector
- Maritime financing