{"id":341584,"date":"2025-06-28T18:41:15","date_gmt":"2025-06-28T13:11:15","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=341584"},"modified":"2025-06-28T18:41:15","modified_gmt":"2025-06-28T13:11:15","slug":"first-maritime-nbfc-sagarmala-finance-corporation-limited","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/first-maritime-nbfc-sagarmala-finance-corporation-limited\/","title":{"rendered":"First Maritime NBFC \u2013 Sagarmala Finance Corporation Limited"},"content":{"rendered":"<p><strong>News: <\/strong>The Union Ministry of Ports, Shipping &amp; Waterways (MoPSW) inaugurated Sagarmala Finance Corporation Limited (SMFCL), India&#8217;s first Non-Banking Financial Company (NBFC) in the maritime sector.<\/p>\n<h2>About India\u2019s First Maritime NBFC \u2013 Sagarmala Finance Corporation Limited<\/h2>\n<figure id=\"attachment_341586\" aria-describedby=\"caption-attachment-341586\" style=\"width: 439px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-341586\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/06\/Source-PIB-6.png?resize=439%2C290&#038;ssl=1\" alt=\"\" width=\"439\" height=\"290\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/06\/Source-PIB-6.png?resize=300%2C198&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/06\/Source-PIB-6.png?resize=768%2C508&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/06\/Source-PIB-6.png?w=956&amp;ssl=1 956w\" sizes=\"auto, (max-width: 439px) 100vw, 439px\" \/><figcaption id=\"caption-attachment-341586\" class=\"wp-caption-text\">Source &#8211; PIB<\/figcaption><\/figure>\n<ul>\n<li>It is a <strong>Mini Ratna, Category-I, Central Public Sector Enterprise<\/strong> which has been formally registered as a <strong>Non-Banking Financial Company (NBFC)<\/strong> with the Reserve Bank of India (RBI).\n<ul>\n<li>It was formerly known as <strong>Sagarmala Development Company Ltd<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Nodal Ministry:<\/strong> Ministry of Ports, Shipping and Waterways<\/li>\n<li><strong>Objective:<\/strong> It will offer tailored financial products including <strong>short, medium, and long-term funding,<\/strong>\u00a0to a diverse range of stakeholders such as\n<ul>\n<li>port authorities<\/li>\n<li>shipping companies<\/li>\n<li>MSMEs, startups<\/li>\n<li>maritime educational institutions<\/li>\n<\/ul>\n<\/li>\n<li><strong>Policy alignment:<\/strong> It <strong>aims<\/strong> to play a transformative role in India\u2019s maritime infrastructure development, in alignment with the <strong>Amrit Kaal Vision 2047.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The Union Ministry of Ports, Shipping &amp; Waterways (MoPSW) inaugurated Sagarmala Finance Corporation Limited (SMFCL), India&#8217;s first Non-Banking Financial Company (NBFC) in the maritime sector. About India\u2019s First Maritime NBFC \u2013 Sagarmala Finance Corporation Limited It is a Mini Ratna, Category-I, Central Public Sector Enterprise which has been formally registered as a Non-Banking Financial&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/first-maritime-nbfc-sagarmala-finance-corporation-limited\/\">Continue reading <span class=\"screen-reader-text\">First Maritime NBFC \u2013 Sagarmala Finance Corporation Limited<\/span><\/a><\/p>\n","protected":false},"author":10393,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872],"class_list":["post-341584","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/341584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10393"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=341584"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/341584\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=341584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=341584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=341584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}