Changing lives of the people……


Assam Gramin Vikash Bank (AGVB) has come into existence from 12th January 2006 covering the areas of operation of the pre-amalgamated RRBs with its Head Office at Guwahati. The Bank covers 25 out of 27 districts of the State through its strong network of 355 branches. While AGVB’s genesis has its roots in the interest of the customers, stakeholders and the staff, the broader objectives of the amalgamation are:

  • Better customer service from better infrastructure, branch computerization, pool of experienced work force, unified publicity and marketing efforts.
  • Reaping economies of scale with larger area of operation, enhanced credit exposer limits.
  • Opportunities for diverse banking activities, leading to higher business growth.
  • Opportunities for diverse banking activities, leading to higher business growth.

North Eastern Development Finance Corporation Ltd (NEDFi) is a Public Limited Company registered under the Companies Act 1956 on 9th August, 1995. It is notified as a Public Financial Institution under Section 4A of the said Act and was registered as an NBFC in 2002 with RBI. NEDFi provides financial assistance to micro, small, medium and large enterprises for setting up industrial, infrastructure and agri-allied projects in the North Eastern Region of India and also Microfinance through MFI/NGOs.

Industrial Development Bank of India Ltd.(IDBI) is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. IDBI Bank is the youngest, new generation, public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients.

Assam Financial Corporation (AFC) was established as a Joint State Financial Corp-oration under Section 3(A) of the SFC’s Act 1951 way back in 1954 covering the erstwhile-undivided Assam with two union territories of Manipur and Tripura and operating in the North-East Region for more than five decade. As the premier Financial Institution(F.I.) in the North-East Region, it has a wide outreach at the grass root level compared to other Financial Institutions(FIs) and Banks.

Mas Financial Services Ltd is in existence since last 22 years. Turned corporate in the year 1995. A focused retail finance company spread all over Gujarat, Maharashtra, Rajasthan, Madhya Pradesh (Indore), Tamilnadu (Chennai) & Karnataka (Bangalore) with its 71 branches and more than 2500 Locations. Created the expertise in the distribution of credit and a base of more than 4,00,000 customers. Completed close to 8 cycles per customers tenor assuming the tenor to be on average 30 months.

Reliance Capital Limited is a constituent of CNX Nifty Junior and MSCI Global Small Cap Index, is a part of the Reliance Group. It is amongst India's leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds; life and general insurance; commercial finance; equities and commodities broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.Reliance Mutual Fund is amongst top Mutual Funds in India with over six million investor folios.

Ananya Finance for Inclusive Growth Pvt Ltd (Ananya) is a registered NBFC. It is among the most responsible NBFCs in India with the urge and ability to serve socially motivated double bottom line enterprises.

Ananya was promoted by Friends of Women’s World Banking, India (FWWB). FWWB is a NGO Trust established in 1982 by Ms.Elaben Bhatt (Founder, SEWA) to provide financial and capacity building services to organizations who promote livelihood and self-reliance of poor women.

Ananya was set up in 2009 and started operations by taking over FWWB’s Wholesale Microfinance Institution lending portfolio in April 2010. Ananya is among the few wholesale lenders that specializes in combining credit support with technical assistance to Microfinance Institutions. Along with support from its parent FWWB, Ananya provides Capacity building services to small, but well-managed and growing Microfinance Institutions.

Electronica Finance Limited (EFL), a part of the "SRP Electronica Group" is one of the most diversified finance company in India. Initiated in 1990, EFL was amongst one of the first few in the country to be registered as a Non-Banking Finance Company (NBFC) to provide loans for Machinery purchase. In its long and successful journey of over 26 years with 33 offices across India, EFL now caters to a large product portfolio including Business loans, Working Capital loans & Industrial Property loans in addition to it’s flagship product of Machinery loans.

At EFL, we believe that MSMEs represent the engines of the country’s economic growth & hence we have dedicated ourselves towards developing a range of MSME finance options that enables our clientele to concentrate on core priorities. Our tailored finance options for Micro, Small and Medium Enterprises (MSMEs), helps our customers to deliver services faster, better and cheaper, as EFL takes care of their financial needs. With stress on unwavering ethics, mutual respect, strong determination and a healthy work culture matching the global finance industry standards, EFL has been able to maintain a dignified and compelling portfolio. The aim is to be the leading NBFC-MFI in India, resolving our customer’s financial requirements through better, faster, more powerful and affordable finance & loan related services...

Small Industries Development Bank of India (SIDBI) is set up on April 2, 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.

Maanaveeya Development & Finance Private Limited (Maanaveeya) is an Indian subsidiary of Oikocredit, a 40 year old Global Development Financing Institution that responds to the needs of businesses that create jobs and income for disadvantaged people. Maanaveeya operates throughout India. Maanaveeya provides loans that stimulate sustainable development. The project should benefit the poor and disadvantaged people by creation of employment. The international development cooperative Oikocredit has 40 years of experience in making credit accessible to the economically poor through investments of individuals, churches, and other institutions.

Oikocredit’s mission is to empower disadvantaged people with credit. As a socially responsible investment opportunity Oikocredit promotes global justice by converting investments into credit. It aims for high social impact and sustainable development and offers financing to project partners in around 60 countries in the developing world. Loans have proven to be a powerful instrument to not only bring about economic self-reliance and thus structural improvements to the livelihood of economically poor people, but also lead to enhanced self-esteem of the borrower. Oikocredit finances Fair Trade initiatives that create a decent market for Third World products across the globe. With investments in around 550 Microfinance Institutions worldwide, Oikocredit is the world’s largest provider of private funding for microcredit, according to the World’s Bank CGAP. Oikocredit has local representation in over 30 countries worldwide, that source and monitor project partners in more than 30 focus countries and ensure a close relationship and tailor-made services to the project partners

Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.

On 23 August 2015, Union Finance Minister Arun Jaitley officially inaugurated the bank in Kolkata. Initially it opened with 501 branches, 50 ATMs and 2,022 Door step Service Centres (DSCs) across India. Bandhan Bank was incorporated on 23 December 2014 as a wholly owned subsidiary of Bandhan Financial Holdings. Bandhan received the in-principle approval of the (RBI) for setting up a universal bank in April 2014; the banking regulator gave its final nod in June 2015.

Arohan is one of the most respected microfinance institutions in Eastern India with a mission to provide financial inclusion to poor households. A Non-Banking Finance Company (NBFC) with headquarters in Kolkata, Arohan operates in 4 low income states through 104 branches. The Company played a pioneering role in introducing individual lending to micro-entrepreneurs in urban areas and currently offers innovative micropensions and insurance products to its customers. Arohan’s loan portfolio currently amounts to USD 50 million, catering to the financial needs of over 300,000 customers.

Through an acquisition in September 2012, Arohan joined the Intellecap Group. This acquisition involved incremental investment of more than USD 5 million and represented the first significant consolidation in India’s microfinance sector. In September 2013, Aavishkaar Goodwell-II and Michael and Susan Dell Foundation invested a further amount of USD 3.4 million in the organization. social, operational and financial metrics.

IntelleGrow provides tailored, flexible debt to small and growing businesses that have the potential to address India’s development challenges. Founded in 2012, with funding from Intellecap and Shell Foundation, IntelleGrow has grown quickly to help fill a demonstrated market need for ‘missing middle’ financing for innovative enterprises working in one of six priority sectors: Clean energy, financial inclusion, healthcare, water & sanitation, agriculture supply chain and education. Unlike traditional collateral-based lenders, IntelleGrow uses a ’venture debt’ approach, lending primarily on the basis of business viability and cash flows to offer loans customized to the particular needs of each enterprise.

With additional investment from the Michael and Susan Dell Foundation and Omidyar Network in early 2014, IntelleGrow will have lent to more than 200 companies across India and carry a loan book of at least INR 250 crore by FY 2016.

Micro Units Development and Refinance Agency Ltd. [MUDRA] is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs for lending to micro units having loan requirement upto 10 lakh. MUDRA provides refinance to micro business under the Scheme of Pradhan Mantri MUDRA Yojana. The other products are for development support to the sector. The bouquet of offerings of MUDRA is depicted below. The offerings are being targeted across the spectrum of beneficiary segments. The purpose of MUDRA is to provide funding to the non-corporate small business sector through various Last Mile Financial Institutions like Banks, NBFCs and MFIs.

Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc. It also has two overseas branches in Singapore and Hong Kong. UCO Bank's headquarters is on BTM Sarani, Kolkata

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. On April 1, 2017, the State Bank of India, which was India's largest bank, merged with five of its associate banks (State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore), and with the Bharatiya Mahila Bank. This was the first ever large scale consolidation in the Indian banking industry. With the merger, SBI became one of the 50 largest banks in the world (balance sheet size of 33 trillion, 278,000 employees, 420 million customers, and more than 24,000 branches and 59,000 ATMs). SBI's market share was projected to increase to 22 percent from 17 per cent. It has 198 offices in 37 countries; 301 correspondents in 72 countries. The company is ranked 232nd on the Fortune Global 500 list of the world's biggest corporations as of 2016.

The Assam Co-operative Apex Bank Ltd. (ACAB) was established in 1948. Since then the Bank has developed and expanded its activities/ operations and has grown in manifolds. The Bank has a wide network of 67 branches and 6 Zonal Offices, spread throughout the state the State providing effective banking products and other related services to the general public of Assam. The ACAB has mobilized Deposit Resources of more than Rs. 1400 Crores and has advanced over Rs. 550 Crores(Approx) for various development activities in the State.

The ACAB as a pioneer in Banking in Assam, has taken banking to the doorsteps of the people of the State and has been able to nurture and develop banking habits among the people of the State. This has changed the saving habits of people from the traditional methods to the modern banking facilities to earn remunerative returns for their savings invested with the Bank and utilize various attractive and innovative banking products offered by ACAB.

Capital First Limited, listed in NSE and BSE, is a leading Indian financial institution, specializing in providing debt financing to MSMEs and Consumers in India.

Between 2008 to 2010, the Company was largely in the business of wholesale Financing, asset management, and had JVs in Foreign Exchange and retail equity Broking. Between 2010 to 2012, Mr. Vaidyanathan acquired a stake in the company, changed the business model to retail, and executed a Management Buyout of the company by securing equity backing from Warburg Pincus for Rs. 810 Crores and changed the name of the company to Capital First. In the process the company got new shareholders, reconstituted a new board and started new retail business lines.

The Market Cap of Capital First has increased from Rs. 7.90 billion ($121 mn) on June 30 2012 (FY ending prior to the buyout) to Rs. 60.96 bn on June 30, 2018. ($0.94 bn).

The founding theme of Capital First is that financing India's 50 million MSMEs and its emerging middle class, with a differentiated model, based on new technologies provides a large and unique opportunity.

Unlike traditional models of financing, Capital First has successfully created new models to finance MSMEs and Indian consumers, in the hitherto unbanked and under-penetrated segments. The Company uses a differentiated model, based on new technologies and deep analytics. With this differentiated approach, Capital First has financed over 6.0 million customers in more than 225 locations across India and built loan assets of Rs 298.56 Bn (USD 4.59 bn) as on 30 June, 2018, with 91% of its loan assets in the Consumer & MSME financing space. Capital First has maintained high asset quality over the years. The Gross and Net NPA of the Company is 1.57% and 1.00% respectively as of 30th June 2018 on 90 dpd NPA recognition basis.

The company enjoys the highest long term credit rating of AAA. Capital First is focused on building an institution on strong pillars of ethics, values and high corporate governance.

Effective 18th December 2018, Capital First & IDFC Bank have merged. The merged entity is now IDFC FIRST Bank.

Profectus’ is Latin for ‘progress, advance’ and captures concisely our mandate for Small and Medium sized enterprises. Profectus Capital positions itself as a financing partner that will nurture and financially empower emerging Small and Medium businesses. Lending in this segment has the potential to create maximum social impact since it is the biggest employer of human-capital in the country today.

Profectus Capital aims to be a partner in progress for Small and Medium Businesses and seeks to enhance lives of customers by understanding their needs, providing Innovative and customised solutions through ethical and transparent dealings.

Our five core values: Empathy, Integrity, Responsibility, Transparency and Innovation are subsumed in all our thoughts, actions and deeds.

Profectus Capital Private Limited is a start-up Non-Banking Financial Company (NBFC) regulated by Reserve Bank of India (RBI).

On September 16, 2015, Reserve Bank of India awarded the “In-principle approval” to set up Small Finance Bank (SFB) to 10 Financial Institutions, including RGVN (North East) Micro Finance Limited.

The only institution from North-Eastern state of India to receive this recognition to establish Small Finance Bank. The main objective behind setting up small finance bank by RBI was to drive the objective of financial inclusion by making provision of savings and to provide credit to small business units, small and marginal farmers, micro and small industries and other unorganized sector entities, through high-end technology, low cost operations.

For meeting the stipulations prescribed under “In Principle Approval” and other prescribed Guidelines issued by RBI under Small Finance Bank, a new entity i.e “North East Small Finance Bank Limited” having CIN- U65100AS2016PLC017505 was incorporated on July 25, 2016 as a subsidiary to its parent Company RGVN (North East) Micro Finance Limited.

Some of the most reputed organizations in India and abroad viz. SIDBI Venture Capital Limited (Samirdhi Fund), M/s RNT Associates Private Limited, M/s PI Venture LLC, Norwegian Micro finance Initiative, M/s Dia Vikas Capital and IDBI Bank have expressed their confidence to our organization and agreed to partnered with RGVN (North East) Microfinance Limited for the transformation into the Banking Business of “Small Finance Bank”.

Habitat is Housing Finance Company registered with National Housing Bank (NHB) providing wholesale debt and retail loans ( under BC partnership) to MFIs and their members for the purpose of Housing Micro Finance. We have worked with 20+ reputed MFIs in the country and as a result benefited more than 1,70,000 families through our direct and indirect intervention.

MicroBuild India invests in shelter-related microfinance products provided through local financial institutions, with the objective of reducing poverty housing and improving health and living environments for low-income households in India.

We would be happy to be associated with your organisation and work with you in providing housing microfinance to your members and thereby reduce poverty housing . As discussed to start with, you could avail a term loan from us for the purpose of on-lending to your members as Home Improvement loans ( repairs and renovations )

NABKISAN Finance Limited (NKFL) (formerly “Agri Development Finance (Tamilnadu) Limited”) was incorporated under the Companies Act, 1956 on 14.02.1997. NKFL is a subsidiary of National Bank for Agriculture and Rural Development (NABARD) with equity participation from NABARD, Govt. of Tamilnadu, Indian Bank, Indian Overseas Bank, Tamilnad Mercantile Bank, Canara Bank, ICICI Bank, Federal Bank, Lakshmi Vilas Bank and a few Corporates / Individuals. The company is notified as a Non-Banking Finance Company (NBFC) by RBI. The main objective of the company is to provide credit for promotion, expansion and commercialization of enterprises engaged in agriculture, allied and rural non-farm activities. NKFL is providing support for livelihood/ income generating activities by extending credit to Panchayat Level Federations, Trusts, Societies and Section 25 companies/ MFIs for on-lending to its member SHGs/ JLGs.

Hinduja Leyland Finance Ltd (HLF) was incorporated on November 12, 2008. Pursuant to a certificate issued by the Reserve Bank of India ("RBI") on March 22, 2010, our Company was permitted to commence operations as a non-banking financial company ("NBFC") under section 45 IA of the Reserve Bank of India Act, 1934. The Company was originally classified as a systemically important non-deposit accepting non-banking financial company. Our Company was subsequently granted the status of an NBFC-Asset Finance Company by the RBI pursuant to a certificate of registration received on May 12, 2014. They are one of India's leading vehicle finance NBFCs (Source: ICRA - Retail NBFC and HFC Credit Report, 2016) with a focus on urban and semi-urban markets.

Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port town in Karnataka. The Bank has gone through the various phases of its growth trajectory over hundred years of its existence. Growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. Eighties was characterized by business diversification for the Bank. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank has been characterized by several memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks.