SMFG India Credit (SMICC), a non-banking financial company (NBFC) with an AUM of more than ₹60,000 crore and a customer base of over 30 lakh has appointed Ravi Narayanan as its new CEO, effective August 28, 2025.
Having served in senior leadership capacities at Axis Bank and HDFC Bank, Mr. Narayanan brings over three decades of experience in retail and branch distribution. He has also served on the board of Axis Securities and Axis Mutual Fund.
Rajeev Kannan, Chairman, SMFG India Credit, said, “I am confident that Ravi Narayanan’s experience in retail and branch network will drive SMFG India franchise into its next era of growth and create significant value for the shareholders.”
“My priority would be to drive sustainable growth, forge strategic partnerships, and strengthen our risk and compliance culture to deliver lasting value for all our stakeholders. I am pleased to join SMBC Group, which has a legacy over 400 years, embarking on a journey to expand its footprint and investment in India,” Mr. Narayanan said in a statement.
Published – August 13, 2025 10:28 pm IST
