India’s Ministry of Ports, Shipping & Waterways (MoPSW) has officially inaugurated the Sagarmala Finance Corporation Limited (SMFCL), the country’s first non-banking financial company (NBFC) in the maritime sector. Initially envisaged to be named Sagarmala Development Company Limited, SMFCL is anticipated to play a ‘significant’ role in India’s maritime infrastructure development, in line with the Amrit […]

SMFCL MoPSW NBFC Ministry of Ports Waterways Amrit Kaal Vision Reserve Bank of India Union Minister of State Shantanu Thakur Initially MSMEs SAGAR SETU EODB Inaugurated