SMILE Ltd is a NBFC registered with RBI under Sec IA of RBI Act 1934. SMILE Ltd was incorporated on March 24‚ 2004 by Dr.N. Sethuraman and a group of like minded people

Benefits under NBFC
 

•	Access to Funds : Various large commercial Banks, both Indian and Foreign are lending funds to SMILE Ltd. These commercial lenders are comfortable in lending to a regulated company with transparent ownership and Smile Ltd fits the bill in all areas of significance.
•	Access to diverse funding source: As a regulated for profit company SMILE Ltd is able to raise equity and offer return, enabling it to access commercial investors and international capital market.
•	Outreach Potential: With increased access to funds SMILE Ltd is able to scale up its operations throughout the country, thereby benefiting more and more of poor and marginalized people.