SMFG India Credit bets big on key southern market to drive future growth

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The company has recently started a new registered office in Chennai and has launched its 1,000th branch in September.

This expansion reflects the company’s commitment to driving economic empowerment in these regions,” Subramanian added.

The state’s progressive economic policies, combined with the ambitious Fintech City project, position Tamil Nadu as a rapidly growing hub for financial services,” he added.

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Article Details

Category: BusinessFinance

Markets: India

Topics: AUM Branch network Semi-urban areas Tier-III cities Affordable housing Non-banking finance company Fintech City Tamil Nadu MSME Assets under management NBFC Southern market SMFG India Credit Financial inclusion Tier-II cities Economic empowerment Loan disbursement Financial independence South Indian market Financial services Chennai office

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 11:05:18 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23875500

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