Credit Saison India, a Mumbai-based non-bank lender, has raised $500 million (approximately ₹4,830 crore) through its largest-ever external commercial borrowing in a multi-currency syndicated transaction. This funding round saw participation from six prominent lenders, including the Asian Development Bank and State Bank of India. The funds will primarily be utilized to expand the company's portfolio in micro, small, and medium enterprises (MSME) and secured lending. Presha Paragash, the CEO of Credit Saison India, noted that this fundraising effort has brought their total external commercial borrowing (ECB) to nearly $1.1 billion for the fiscal year 2026. The company has reported an impressive annual loan book growth of 25-30% over the past few years, with a current loan book standing at ₹23,000 crore. Credit Saison operates approximately 100 branches and plans to increase this network to around 150 branches by March 2027. The commercial terms for this borrowing were finalized prior to the recent conflict in West Asia, and the funds will be drawn down in multiple tranches over the upcoming months.