SMC Credits

SMC Credits Limited is a Non-Core Investment Company registered with the RBI, primarily engaged in the business of carrying out Non-Banking Financial Company (NBFC) activities. The company helps promote inclusive growth by providing financial services to less-banked customers and the unorganised sector, such as micro, small and medium enterprises (MSMEs). A key operational strength is the use of simplified and prompt loan request appraisals and disbursements, which benefits its clients directly. Its income is mainly derived from a mix of dividend, interest income, and other earnings from its large investment portfolio in shares and securities. The company works to maximize returns on its capital by using an efficient capital management strategy, while following all guidelines from the RBI. In the 2023-24 financial year, the company achieved a significant 156.85% increase in its profit after tax, showcasing robust financial performance.;