This story is from June 27, 2025
Sagarmala is 1st maritime NBFC
New Delhi: India on Thursday floated its first maritime sector Non Banking Financial Company (NBFC) Sagarmala Finance Corporation (SMFCL). Shipping minister Sarbananda Sonowal said the company will bridge crucial financing gaps and offer sector-specific financial solutions, empowering ports, startups, and institutions. TNN
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