Fullerton India Credit Co. Ltd. - Pathankot

Fullerton India Credit Company Limited is registered as an NBFC - Investment and Credit Company (NBFC-ICC) with the Reserve Bank of India, and a member of SMBC Group. FICC started its India operations in 2007, and is today a leading NBFC with a pan India presence. Working together with over 12,500 employees, we reach our market by connecting with over 2.3 million customers, be it in cities, towns or villages, right at their doorstep. We penetrate deep inside the market through more than 628 branches, covering 600 towns and approximately 58,000 villages. We operate in the niche sectors and provide financial access to the underserved and unserved segments. By doing so, we have introduced people to formal credit.

The firm has invested in technology and digital capabilities to enhance customer and stakeholder experience, and paved the way for – Rishta Samman Ka. This echoes our core values and ethos of making things simpler, in our journey to empower people. We remain gender neutral and do what is right for the community.

Our primary services constitute financing of SME for working capital and growth, loans for commercial vehicles and two-wheelers, home improvement loans, loans against property, personal loans, working capital loans for urban self-employed, loans for rural livelihood advancement, rural housing finance and financing of various rural micro enterprises.

Shareholders

Sumitomo Mitsui Financial Group (SMFG)

SMFG holds a 74.9% stake in Fullerton India Credit Company Limited and is the holding company of one of the largest global banking and financial service groups, offering a diverse range of financial services including commercial banking, leasing, securities and consumer finance with a heritage exceeding 400 years in Japan. SMFG is listed on the Tokyo and New York (via ADR) Stock Exchanges and has a market capitalization of approximately US$44.9 billion (as of 29 October 2021). SMFG is one of the global systemically important banks (G-SIBs) and has high credit ratings of A1 by Moody’s Investors Service and A- by Standard & Poor’s.

Fullerton Financial Holdings (FFH)

FFH holds a 25.1% stake in Fullerton India Credit Company Limited and is an independently operated strategic and operating investor in financial and related services in emerging markets. FFH creates shareholder value by building differentiated business models focused on the Mass Market and SME segments, and enabling digital innovation for its portfolio companies. FFH is a wholly-owned independent portfolio company of Singapore-headquartered investment company, Temasek. As at end December 2020, FFH’s portfolio includes investments in 6 countries with total Group assets of SGD 6.9 billion.