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SMFCL Targets ₹602 Billion Disbursals by 2031 as Maritime Financing Ecosystem Takes Shape

SMFCL Targets ₹602 Billion Disbursals by 2031 as Maritime Financing Ecosystem Takes Shape

As of September 2026, SMFCL had sanctioned financing worth ₹115.63 billion and disbursed ₹51.07 billion across maritime projects, with more than half the sanctioned amount yet to be drawn as projects advance. India’s first dedicated maritime-sector non-banking financial company (NBFC), Sagarmala Finance Corp. Ltd (SMFCL), is targeting cumulative disbursals of ₹602.05 billion by FY2031, as...