Surender Rana Joins Capital India Finance To Strengthen Leadership Team

Capital India Finance Limited, a listed non-deposit taking Middle Layer NBFC, has announced the joining of Mr. Surender Rana, former Deputy Managing Director – SME and Agri Business at State Bank of India, as Executive Vice Chairman with effect from November 18, 2025 for a term of three (3) years subject to the approval of shareholders.

Mr. Rana is a seasoned banker with over 34 years of leadership at SBI and recognised for driving large-scale transformation in MSME and Agri financing, credit and risk management, and policy development. His addition strengthens CIFL’s leadership bench as the Company steps up its focus on scalable, governance-led growth.

“We are very excited to have Mr. Surender Rana join our board. His extensive industry experience and strong strategic orientation will be invaluable as we accelerate growth in our core lending business”, says Mr. Keshav Porwal, MD, Capital India Finance Limited.

At the Board Meeting held on November 14, 2025, the Company announced its Q2 and H1 results and the following are the key highlights:

Financial Performance

• AUM at ₹ 1024 Crore as on September 30, 2025, Up 11.43% from last year 
• Standalone PBT: ₹ 44.19 Crore (H1)
• Standalone PAT: ₹ 37.81 Crore (H1)

Asset Quality & Capital Position – as on September 30, 2025

• Net NPA: 0.98% | Gross NPA: 1.70%
• Healthy Capital Adequacy Ratio (CRAR): 51.24%
• Low Debt-to-Equity Ratio: 1.03x
• Robust Net Worth: ₹ 661.93 Crore

Sale of Housing Finance Subsidiary

• Divested its housing finance subsidiary, Capital India Home Loans Limited, for ₹ 266.53 crore, enabling sharper focus on core lending and enhanced capital strength.

Disbursements

• Q2 FY26: ₹ 155.54 Crore (up 27% QoQ and 45% YoY)
• Total Disbursements for H1 FY 26: ₹ 277.77 Crore (up 41% YoY)

Funding

• New source of funds added in the form of NCDs of ₹ 50 Crore during Q2 FY26.
• ₹ 193 crore funds raised during H1 FY 26.
• Outstanding Debt of ₹ 685 Crore from a diversified base of 23 lenders as on September 30, 2025.

“Our performance reflects a disciplined growth, strong capitalisation and an expanding traction in MSME financing. We will remain focused on serving the underserved segments with high quality credit solutions,” adds Mr. Pinank Shah, CEO, Capital India Finance Limited.