MoneymintMoneymint
    • About
    • Bank
    • Blog
    • Business
    • Money
      • Credit Cards
      • Crypto
      • Investments
      • Tips
      • Review
    • Net Worth
    • Disclosure
      • DMCA
      • Terms and Conditions
      • Privacy Policy
    Subscribe
    MoneymintMoneymint
    Home»Microfinance

    Top 50 Microfinance Institutions in India

    Sushma SinghBy Sushma SinghJanuary 17, 2023 Microfinance
    Facebook Twitter LinkedIn Email
    micro-crisil
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In late 2009, CRISIL which is India’s leading ratings, research and risk advisory company released its list of top 50 microfinance institutions in India. The report titled India’s Top 50 Microfinance Institutions presents an overview of leading players in India’s microfinance institution (MFI) space.

    This is the first inaugural issue and includes additional commentary analyzing the key strengths and challenges of different microfinance players in the sector. The publication is part of CRISIL’s enabling role in the structured evolution of the MFI sector in India.

    CRISIL launched MFI grading as early as in 2002 and has since then become the world’s first mainstream rating agency to develop a separate methodology and scale to assess MFIs. Currently, CRISIL has assessed more than 140 MFIs and is currently the most preferred rating agency in the Indian microfinance space.

    In light of SKS Microfinance’s proposed IPO in the coming days, the CRISIL report is presented below for the benefit of the readers of this blog. Market sources reveal that some of these microfinance institutions which figure in the top 50 are in talks with merchant bankers and investors to tap the primary markets and want to gauge the response to SKS Microfinance’s IPO before they fast track their own listing plans.

    Download CRISIL – Top 50 Microfinance Institutions in India

    https://moneymint.com/wp-content/uploads/2020/07/CRISIL-ratings_india-top-50-mfis.pdf

    The above report includes detailed profiles and ratings of India’s top Microfinance Institutions.

    CRISIL List of  Top 50 Microfinance Institutions in India by Loan Amount Outstanding for 2009

    1. SKS Microfinance Ltd (SKSMPL)
    2  Spandana Sphoorty Financial Ltd (SSFL)
    3  Share Microfin Limited (SML)
    4  Asmitha Microfin Ltd (AML)
    5  Shri Kshetra Dharmasthala Rural Development Project(SKDRDP)
    6  Bhartiya Samruddhi Finance Limited (BSFL)
    7  Bandhan Society
    8  Casper Micro Credit (CMC)
    9  Grama Vidiyal Micro Finance Pvt Ltd (GVMFL)
    10  Grameen FinancialServices Pvt Ltd (GFSPL)
    11  Madura Micro Finance Ltd (MMFL)
    12  BSS Microfinance Bangalore Pvt Ltd (BMPL)
    13  Equitas Micro Finance India P Ltd (Equitas)
    14  Bandhan Financial Services Pvt Ltd (BFSPL)
    15  Sarvodaya Nano Finance Ltd (SNFL)
    16  BWDA Finance Limited (BFL)
    17  Ujjivan FinancialServices Pvt Ltd (UFSPL)
    18  Future Financial Services ChittoorLtd (FFSL)
    19  ESAF Microfinance & Investments Pvt. Ltd (EMFIL)
    20  S.M.I.L.E Microfinance Limited
    21  SWAWS Credit Corporation India Pvt Ltd (SCCI)
    22  Sanghamithra Rural Financial Services (SRFS)
    23  Saadhana Microfin
    24  Gram Utthan Kendrapara,
    25  Rashtriya Seva Samithi (RASS)
    26  Sahara Utsarga Welfare Society (SUWS)
    27  Sonata Finance Pvt Ltd (Sonata)
    28  Rashtriya Gramin Vikas Nidhi
    29  Arohan Financial Services Ltd (AFSL)
    30  Janalakshmi Financial Services Pvt Ltd (JFSPL)
    31  Annapurna Financial Services Pvt Ltd
    32  Hand in Hand  (HiH)
    33  Payakaraopeta Women’s Mutually Aided Co-operative Thrift and Credit Society (PWMACTS)
    34  Aadarsha Welfare Society(AWS)
    35  Adhikar
    36  Village Financial Services Pvt Ltd (VFSPL)
    37  Sahara Uttarayan
    38  RORES Micro Entrepreneur Development Trust(RMEDT)
    39  Centre for Rural Social Action (CReSA)
    40  Indur Intideepam Federation Ltd (IIMF)
    41  Welfare Organisation for Multipurpose Mass Awareness Network (WOMAN)
    42  Pragathi Mutually Aided Cooperative Credit and Marketing Federation Ltd(PMACS)
    43  Indian Association for Savings and Credit(IASC)
    44  Sewa Mutually Aided Cooperative Thrift Societies Federation Ltd (Sewa)
    45  Initiatives for Development Bangalore, Foundation (IDF)
    46  Gandhi Smaraka Grama Seva Kendram (GSGSK)
    47  Swayamshree Micro Credit Services (SMCS)
    48  ASOMI
    49  Janodaya Trust
    50  Community Development Centre (CDC)
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    sushma
    Sushma Singh

      Sushma is a seasoned business writer and content creator with over 7 years of experience in the field. She has a talent for taking complex topics and breaking them down into easily understandable language that engages and educates her readers. Her expertise allows her to cover a wide range of topics relevant to the B2B industry, providing business owners with the knowledge they need to make informed decisions and drive growth.

      Keep Reading
      mfi-savings

      Savings in Microfinance Institutions – Legal Framework

      disha-microfinance

      Disha Microfinance

      incredible-india-23

      Ministry of Tourism’s Hunar Se Rozgar program successful

      Latest Articles


      Dhruv Rathee Net Worth
      September 21, 2023
      Kuldeep Yadav Net Worth
      September 21, 2023
      How to Make Money on Pinterest Without a Blog
      September 19, 2023
      CZN Burak Net Worth
      September 19, 2023
      Honey Singh Net Worth
      September 18, 2023
      How to Avoid eBay Buyer Scam
      September 16, 2023
      Raghav Juyal Net Worth
      September 15, 2023
      Tanmay Bhat Net Worth
      September 14, 2023
      How to Use Pinterest for Affiliate Marketing
      September 19, 2023
      Ranveer Allahbadia Net Worth
      September 12, 2023
      Moneymint
      Welcome to Moneymint.com, your go-to destination for navigating the intersection of business and money. Our platform offers insights, resources, and tools to help entrepreneurs and business owners navigate the financial landscape and achieve success.

      Our team is dedicated to providing you with proven advice and ideas from the best in the industry.
      Categories
      • Bank
      • Business
      • Credit Cards
      • Crypto
      • Loan
      • Money
      • Net Worth
      DISCLAIMER

      The information provided on this page is for informational purposes only. We encourage you to conduct your own research and due diligence on any entities named in this article. We are not affiliated with, endorsed by, or sponsored by any products, corporations, or their affiliates or subsidiaries. References to the mentioned apps/websites are dynamic in nature, and we shall strive to keep these updated. The numbers stated may differ from the actual numbers.

      © 2023 Framed Media
      • About
      • Contact us
      • DMCA
      • Terms
      • Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.