SMFCL Begins Maritime Lending Operations

On 30th December 2025, Sagarmala Finance Corporation Limited (SMFCL) formally commenced lending operations, sanctioning loans worth about ₹4,300 crore, marking a major milestone in strengthening India’s maritime finance ecosystem.

The lending marks implementation of a board-approved roadmap with a borrowing limit of ₹25,000 crore and a lending target of ₹8,000 crore.
SMFCL aims to build a loan book of ₹8,000 crore in FY26, establishing itself as a specialised maritime lender.
About ₹4,000 crore of the sanctioned amount has been earmarked for a greenfield port project, reinforcing the Centre’s port-led development strategy.
Dredging Corporation of India has been sanctioned ₹150 crore, while Goa Shipyard Limited has received ₹110 crore, supporting dredging and indigenous shipbuilding activities.