Sagarmala Finance Enters Maritime Lending With ₹4,300 Crore Loan Approvals
Published on: Dec. 31, 2025, 11 p.m. | Source: scanx.trade
Sagarmala Finance Corporation Ltd has approved ₹4,300.00 crore in loans, marking its entry into maritime lending with ₹4,000.00 crore allocated for a greenfield port project and additional funding for DCI and Goa Shipyard. The NBFC, inaugurated in June by Union Minister Sarbananda Sonowal, has set aggressive targets including a ₹25,000.00 crore borrowing limit and ₹8,000.00 crore lending target for the current financial year. SMFCL serves as the nodal agency for the ₹25,000.00 crore Maritime Development Fund and will offer comprehensive financial solutions across the maritime value chain.
