A total of 1.19 million loan accounts were disbursed during the financial year, and these loans have a 97.92 percent repayment rate. He promoted Manappuram Finance Ltd. in 1992 and today the company has a pan-India presence with 3747 branches across 27 Indian states. Suresh R. Suresh R Treasury Officer at Veritas Finance Chennai. M.B.A. retired as Chief Financial Officer- Citi Bank, India Subcontinent in 2015 after serving the organization for almost 20 years. MFIN is supported by Omidyar Network, a philanthropic investment firm, and the International Finance Corporation (IFC), a member of the World Bank Group. Experienced senior executives head key functions at Asirvad including operations, finance, internal audit, payments, IT, risk management and human resources. Asirvad’s AUM grew by 43.27 percent from ₹38,408 million in FY18-19 to ₹55,026 million in FY19-20, active loan accounts increased by 31.1 percent to 2.36 million from 1.8 million last year. She has completed basic and advanced training at ADR Group of UK. He retired as a Chief General Manager from NABARD in Micro Credit innovations Department. CIN U65923TN2007PLC064550, 1st Floor, Deshabandu Plaza, December 31, 2019: Asirvad Microfinance crosses Rs.5,000 crore in AUM August 28, 2019 : Asirvad achieves Rs 1,000-cr AUM in Tamil Nadu April 3, 2019 : Manappuram infuses ₹264 cr in Asirvad He retired as a Chief General Manager from NABARD in Micro Credit innovations Department. Deshabandu Plaza, Royapettah, Chennai 600014, MBA (Finance), Former Managing Director & CEO of CARE Ratings. of India, New Delhi. Besides these, he is a law graduate. Post graduate in Science, with additional qualifications in Banking & Foreign Trade. He acts as a managing Committee member of leading trade and industry associations such as ASSOCHAM and FICCI. Chennai 600002, Earlier, in December 2013, Business World had listed his name amongst India’s Most Valuable CEOs. of India, Tourist Office, New York, and Deputy Director General, Ministry of Tourism, Govt. By 2011, Asirvad had 85 branches in the state across 22 districts and a … Mrs.Pushya Sitaraman took her Mediation law training from Geetha Ravindra, a renowned attorney in Virginia Supreme Court, USA. Madura is a leading NBFC-MFI providing unsecured microfinance loans to women self-help groups in rural and semi-urban areas. He has worked closely with the Government of India, especially the Department of Economic Affairs and Government of Maharashtra (Progressive Maharashtra events) besides other ministries. holds a Master’s Degree in Commerce from the Calicut University and completed his intern from the Institute of Certified Management Accountants. Grama Vidiyal 14. Padmanabhan, father of Mr. Nandakumar. Experienced senior executives head key functions at Asirvad including operations, finance, internal audit, payments, IT, risk management and human resources. Dear Connections & Friends, Wanted to update you all that I have resigned from Asirvad Microfinance limited as the Senior Vice President ,business… Posted by … Business Today, a leading business magazine ranked him among India’s Top 100 CEOs. Address , contact numbers, contact details of CIO , Chief Finance Officer CFO, HR Head, Sales Head, Purchase Head, Admin Head, Marketing Head or Manager also available. He has a B.Tech (Hons) degree from the IIT, Kharagpur and a PGDM from the IIM, Kolkata with majors in Finance & Information System. Address , contact numbers, contact details of CIO , Chief Finance Officer CFO, HR Head, Sales Head, Purchase Head, Admin Head, Marketing Head or … He has over 24 years of experience in financial services covering private equity investment, investment banking and advisory services. Vikram led BFIL to its IPO in 2010, steering BFIL to reach a market capitalization of $2.2 billion and an outreach of 7.3 million low-income borrowers across 120,000 villages. Tamil Nadu. Have around 39 years of experience in the financial sector in the areas of banking and credit rating. In the past, he was on the Board of National Securities Depository Limited (NSDL). Asirvad Microfinance reduces lending rate to 23% The new rate of interest is effective from 1st October 2016. Sumit is an alumnus of XLRI, Jamshedpur and INSEAD, Fontainebleau, France He is a seasoned microfinance professional with more than 30 years of experience, who has covered senior management positions in operational and executive roles in large and successful Indian NBFCs operating in the microfinance sphere such as Asirvad… In 1997, he founded Bharat Financial Inclusion Limited or BFIL (formerly SKS Microfinance Limited), which became one of the world’s largest microfinance companies. He is expertise in product conception and development across all sectors including Manufacturing, Infrastructure, Finance, and SME among others. Privacy Policy, Corporate Governance – Internal Guidelines. He has rich and intensive experience in the Administrative, Industrial Development, Tourism, and Infrastructure. Phone:044-43510081. BSS Microfinance Limited (Company) started its microfinance operations in 1999 as a Trust. B.Tech (IIT Madras), MBA (IIM Calcutta), AICWAI, ACS and has more than 36 years of experience in the field of Financial Services, Infrastructure, Media, Telecom & Retail sectors in the large private sector. He is the Managing Director & CEO of Manappuram Finance Ltd. This was a microfinance company with a good management committed to the cause of microfinance and yet struggling against odds to grow. By continuing your navigation, you consent to their use. Indian CEO, CFO, CA, CS, CMA, CFA, Finance, Corporate & Legal Professionals ... AVP- Corporate Operations at Asirvad Microfinance Limited - Official Page Chennai. Adhikar Micro Finance is one of the fastest-growing microfinance institutions with a growth of 440% in assets under management over five years . Ltd. Raja Vaidyanathan, MD and CEO of Asirvad MFI, said, “We are grateful for the support we have received from Invest in Visions and Northern Arc on this transaction. Praveen williams. Currently, he is India Correspondent for Asia Asset Management, Hong Kong. ACFL is formed with a focus on providing microfinance services to urban and rural poor, as well as micro and small businesspersons, in the under-served geographies of Northern & Eastern India, starting with Bihar. He is expertise in product conception and development across all sectors including Manufacturing, Infrastructure, Finance, and SME among others. Tel:044-42124493, 47, White Road 1st Floor, He is the founder Chairman and the Managing Director of the Company. is a retired officer of an Indian Administrative Services of Kerala Cadre. Asirvad Microfinance was acquired by Manappuram in 2015. Tamil Nadu. The Hindu Businessline Currently, it serves to 1.6 million women members through its 930 branches across India Asirvad Microfinance Ltd, the microfinance subsidiary of Kerala-based Manappuram Finance Ltd, on Wednesday said it has securitised its microfinance portfolio amounting to ₹250 crore with a public sector bank. She had earlier taken a loan of INR 30,000 which after repaying successfully, has now availed for an INR 40,000 loan to support and run her garment business. Asirvad Microfinance, majority owned by Manappuram Finance, will raise about Rs 220 crore ... ICICI Venture CEO Puneet Nanda on post-pandemic investments, credit strategy, local LPs TMT. is a retired officer of an Indian Administrative Services of Kerala Cadre. Harish Bijoor, CEO of Harish Bijoor Consults said, "ITC is a corporate brand whose mother brands are Sunfeast and Aashirvaad, which is all about staple foods. Chennai. Aashirvaad Shudh Chakki Atta – 1kg. He holds Post Graduate Degree in Political Science & International Relations and Bachelor Degree in History & Economics from Delhi University. He is widely recognized as a leading wealth creator for investors in India’s stock market circles. And have also received IPE BFSI Leader Award. He acts as a managing Committee member of leading trade and industry associations such as ASSOCHAM and FICCI. A prolific speaker at important seminars held by the CII, ASSOCHAM, and FICCI and also delivers lectures in various Management Colleges. Equitas Micro Finance India Private Ltd 11. Mr Gautam Saigal is founding partner of Pachira Financial Services LLP. of India, Tourist Office, New York, and Deputy Director General, Ministry of Tourism, Govt. Credible Micro Finance P Ltd 10. of India, New Delhi. He held senior positions in Finance and Accounts in various organizations in the Middle East. A prolific speaker at important seminars held by the CII, ASSOCHAM, and FICCI and also delivers lectures in various Management Colleges. He has been appointed as Independent Director of the Company. Anand is the President Director at Bina Artha. 1 - 5 yrs. is a qualified Chartered Accountant and a postgraduate in Commerce from the Calcutta University. 1st Floor, Lemuir Build, In addition, he has been well trained in diverse areas of Public Administrative and attended various seminars/ conferences at National and International levels. At the time, it had assets under management or AUM a little short of Rs.3,000 million. She has been actively mediating disputes with the Tamil Nadu Mediation and Conciliation Centre, referred by and affiliated to the Madras High Court for nearly ten years. He is the founder Chairman and the Managing Director of the Company. He has worked closely with the Government of India, especially the Department of Economic Affairs and Government of Maharashtra (Progressive Maharashtra events) besides other ministries. Have maintained a high growth trajectory after taking over as acting Managing Director and made CARE the second largest rating agency. 9th and 10th Floor, Get Top Management, MD , CEO , HR Manager Contact details with Email id of Asirvad Microfinance Ltd in Chennai . Gautam has been a member of the Board of team and Board Committees in several companies including in Financial services, Telecom, Energy distribution, Healthcare, IT services, Consumer products, logistics, Infrastructure etc. Chennai. All Rights reserved By Asirvad. is a Law graduate from Madras Law College and holds a Bachelor’s degree in Arts from Stella Maris College. Ltd 9. He was also Regional Director, America, Govt. He is an expert in Institutional Development, Organisational Development, Organisational Behaviour, Small Business Development, Training need assessment, Training techniques, etc. He is the Managing Director & CEO of Manappuram Finance Ltd. Presently, he is a Chairman & MD, Kerala High-Speed Rail. In 1997, he founded Bharat Financial Inclusion Limited or BFIL (formerly SKS Microfinance Limited), which became one of the world’s largest microfinance companies. Fullerton India 13. By continuing your navigation, you consent to their use. He was also Regional Director, America, Govt. S.V.Raja Vaidyanathan and … She hails from a family of lawyers. was an IPS officer, retired in 2010 as Director General of Police & Commandment General, Fire & Rescue Services, Kerala. 3. Asirvad has nine directors on its board with four representatives from MAFIL, including Mr. V. P. Nandakumar (MAFIL’s MD and CEO), who is the Chairman. He has more than 35 yrs of rich experience in the banking industry. Company Details Cashpor Micro Credit H.O. is a retired officer of Indian Forest Service (IFS). He is the Chairman of the Kerala state council of the Confederation of Indian Industry (CII). Asirvad Micro Finance Limited's Corporate Identification Number is (CIN) … About Asirvad Micro Finance Ltd. Asirvad was promoted by Shri. Served as Independent Director on the Board and Committees of several reputed organization. We have been one of the pioneers of this socially and financially inclusive movement in rural India, facilitating access to low-cost capital. Equitas Microfinance. Leading debt platform Northern Arc Capital on Monday announced that it has facilitated external commercial borrowing (ECB) of €25 million (close to ₹220 crore) for Asirvad Microfinance. Post graduate in Science, with additional qualifications in Banking & Foreign Trade. Vision Be the first choice resource in improving the quality of life of 5 lakh clients and their families by 2020. Mr Gautam Saigal is founding partner of Pachira Financial Services LLP. Vision Be the first choice resource in improving the quality of life of 5 lakh clients and their families by 2020. Manappuram’s origins go back to 1949 when it was founded by the late V.C. Also, showcase CARE in media discussions. Listen in! The organizational chart of Asirvad Microfinance displays its 14 main executives including Raja Vaidyanathan, Yogesh Udhoji and Anand Sharma × We use cookies to provide a better service. Asirvad Microfinance Ltd. 0 - 2 yrs. is a Law graduate from Madras Law College and holds a Bachelor’s degree in Arts from Stella Maris College. Get contact details and address | ID: 22954021797 Sold By: Spencer's. M MICROFINANCE. He has over 24 years of experience in financial services covering private equity investment, investment banking and advisory services. Mr. Raja Vaidyanathan, Managing Director, stated that “Asirvad Microfinance achieved another milestone in August 2019 when it opened its 1,000th branch in Bihariganj in the state of Bihar”. She is a designated Senior Advocate of the Madras High Court and has been practising as an advocate for over 35 years, specializing in the field of taxation and corporate laws. He has multi industry international experience of over 25 years in corporate, consulting and operational roles across geographies in HSBC (India, Hong Kong, London, Jakarta), DBS (Singapore), Telenor and Jana Small Finance Bank (India). Gautam has been a member of the Board of team and Board Committees in several companies including in Financial services, Telecom, Energy distribution, Healthcare, IT services, Consumer products, logistics, Infrastructure etc. 14 Oct, 2017. V.P. Further, he was Managing Director of INKEL Limited from 2011-2017. 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