Key Highlights
- Subscribe now MUMBAI: SMFG India Credit has entered a reset moment.
- Months after its leadership change and the parent’s deeper push into Indian financial services, the non-bank financier's new chief Ravi Narayanan has made one thing clear: before growth or product expansion, the house must be put firmly in order.
- The priority is to overhaul the company’s compliance and corporate governance standards to meet the expectations of both the Indian regulator and its Japanese promoters.
- “There are group governance and expectations, thresholds, etc.
- The idea is to ensure that we wed ourselves completely to those expectations first," managing director and chief executive officer Ravi Narayanan told Mint in an interview.
