Archive · 10 Dec 2025
SMFG India Credit's Digital Business Reaches 25% of Portfolio
SMFG India Credit is a big company that helps people and small businesses get loans.
They just announced that a quarter of their business is now digital, which means they use computers and the internet to manage loans.
This digital part of their business has been growing really fast, about 45% every year for the last two years.
They are spending a lot of money, around ₹400 crore, to improve their technology.
This helps them make quick decisions about who can get a loan and catch any cheating.
They have special tools to make getting a loan easier and faster, like using your phone to sign papers and checking your identity with your fingerprint.
The company has almost 1,000 branches and over 22,000 employees all over India.
They are owned by a big Japanese company called Sumitomo Mitsui Financial Group.
SMFG India Credit's digital business now represents 25% of its total portfolio, amounting to ₹15,000 crore in assets under management as of September 2025.
The digital segment has grown at a 45% compound annual growth rate over the past two years, driven by partnerships with fintech companies.
The company has allocated ₹400 crore for technology investments in FY25-26 to support expansion and improve processing speed.
SMFG India Credit is deploying machine learning models for real-time credit decisions, dynamic risk scoring, and fraud detection.
The company operates through 989 branches across India with over 22,000 employees, serving underserved retail and small business borrowers.
- Who
- SMFG India Credit, a subsidiary of Sumitomo Mitsui Financial Group
- What
- Digital business now accounts for 25% of total portfolio
- When
- As of September 2025, with plans for FY25-26
- Where
- India, operating through 989 branches
- Why
- To support expansion and improve processing speed and product development
- Company
- SMFG India Credit
- Digital Business Share
- 25% of total portfolio
- Assets Under Management (Digital)
- ₹15,000 crore
- Technology Investment (FY25-26)
- ₹400 crore
- Growth Rate (Digital Segment)
- 45% compound annual growth rate
- Number of Branches
- 989
- Number of Employees
- 22,000
- Parent Company
- Sumitomo Mitsui Financial Group (Japan)
