Mumbai, March 25, 2025: SMFG India Credit (SMICC), has successfully raised USD 175 million via External Commercial Borrowing (ECB). The facility has been jointly arranged by Standard Chartered Bank (SCB) and CTBC Bank. SMFG India Credit has fully hedged the facility to mitigate risks associated with foreign exchange and interest rate fluctuations. The funds will be utilized for lending purposes, reinforcing the company’s commitment to…
