SMFG India Credit Co. Ltd. (SMICC), one of India’s leading non-banking financial companies (NBFCs) with an asset under management (AUM) exceeding ₹60,000 crore and a customer base of over three million, has appointed Ravi Narayanan as its Chief Executive Officer, effective August 28, 2025.
Narayanan, a seasoned banker with over three decades of experience, has held senior leadership positions at Axis Bank and HDFC Bank, overseeing retail banking, branch distribution and customer engagement strategies. He has also served on the boards of Axis Securities and Axis Mutual Fund, contributing to significant business expansion and operational excellence.
Rajeev Kannan, Chairman of SMFG India Credit, said, “We are pleased to welcome Mr. Ravi Narayanan as CEO. His deep expertise in retail finance and branch network expansion will help propel SMFG India Credit into its next era of growth, while creating long-term value for our stakeholders.”
Sharing his vision, Narayanan remarked, “Building on the company’s strong foundation, I look forward to accelerating our retail business, deepening customer engagement and forging strategic partnerships. My focus will be to drive sustainable growth while strengthening our risk and compliance framework. I am proud to join the SMBC Group, which carries a 400-year legacy, as it continues to expand its footprint and investment in India.”
