SMFG India Credit appoints Mr. Ravi Narayanan as CEO to lead its next phase of growth and innovation

SMFG India Credit (SMICC), one of India’s leading non-banking financial companies (NBFCs) with an AUM of over INR 60,000 crore and a customer base of over 3,000,000, has appointed Mr. Ravi Narayanan as its new CEO, effective August 28, 2025.  Having served in senior leadership capacities at Axis Bank and HDFC Bank respectively, Ravi brings over three decades of extensive experience in retail and branch distribution. He has also served on the board of Axis Securities and Axis Mutual Fund.

Mr. Rajeev Kannan, Chairman, SMFG India Credit, said, “We are pleased to appoint Mr. Ravi Narayanan as CEO for SMFG India Credit. I am confident that his experience in retail and branch network will drive SMFG India franchise into its next era of growth and create significant value for the shareholders.

Talking about his new role, Mr. Ravi Narayanan, CEO, SMFG India Credit said, “Building on our strong foundation, I look forward to collaborating with dedicated leaders and employees at SMFG India to accelerate retail business with our offerings and deepen customer engagement through our branch network across the country. 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.”