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Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business, but does not include any institution whose principal business is that of agriculture, industrial activity, purchase or sale of any goods (other than ...
1038 (2015) [2] Website. bfil .co .in. Bharat Financial Inclusion Limited (formerly known as SKS Microfinance Limited) or BFIL is a banking & finance company (NBFC), licensed by the Reserve Bank of India. It was founded in 1997 by Vikram Akula, who served as its executive chair until working. [3] The company's mission is to provide financial ...
Satin Creditcare Network Limited is a non-banking finance company ( NBFC ), licensed by the Reserve Bank of India. It was founded in 1990 by Mr. H P Singh. [1] The company's offers financial requirements for excluded households at the bottom of the pyramid. Satin Creditcare Network Limited is a micro-finance institution (MFI) in the country ...
The Microfinance Institutions Network was created to promote microfinance. The network promotes responsible lending, client protection, good governance and a supportive regulatory environment. It was established in October 2009 as a society under the Andhra Pradesh Societies Registration Act 2001. According to its bylaws, all non-banking ...
On 7 November 2017, the company was converted into a public company, after which the RBI granted it a fresh certificate of registration on 4 January 2018. VFS is also the first ISO-certified microfinance company in India. [citation needed] The microfinance operations under VFS have grown phenomenally. It has touched the lives of thousands of ...
The SIDBI foundation for Microcredit (SFMC) is an Indian financial division that provides bulk loans to microfinance institutions (MFIs) in India. It is a division of Indian governments Small Industries Development Bank of India (SIDBI). [1] In practice, it acts as an oversight over MFIs which are the intermediaries between the retail borrowers ...
Pages in category "Microfinance companies of India" The following 10 pages are in this category, out of 10 total. This list may not reflect recent changes. B.
Having started its operations as an NGO in 1992 under the name of Evangelical Social Action Forum, ESAF Microfinance was a non-banking finance company and microfinance institution (NBFC-MFI), licensed by the Reserve Bank of India (RBI). It became a small finance bank in March 2017 and started operating in January 2018.
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