ALPHA TRIBE

SBFC Finance LimitedImportant, 10-02-2025: Updates

10-02-2025 | 06:24 pm

SBFC Finance has secured ₹400 Crore through the private placement of 40,000 redeemable, senior, secured, listed, non-convertible debentures (NCDs). The financing, provided by British International Investment (BII), targets low-income and women entrepreneurs, two of the most underserved groups in the Micro, Small, and Medium Enterprises (MSME) sector. This funding aims to bridge a significant financing gap, with expected support for approximately 5,000 customers, enhancing their economic opportunities.

SBFC operates across 16 states and 2 Union Territories, focusing on microfinance in smaller towns, boasting a wide distribution network with 197 branches. The firm has served over 90,000 customers, with an Asset Under Management of ₹8,148 Crore and a Profit After Tax of ₹251 Crore in the first nine months of FY25. This partnership underscores SBFC’s commitment to empowering underserved communities and fostering economic inclusion within the MSME segment. Investors should view this development positively, as it strengthens SBFC’s growth potential in the burgeoning MSME financing market.

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