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About
Basic Data Updated:
7 days agoBharat Financial Inclusion Limited, previously known as SKS Microfinance Limited (SML), is an NBFC-MFI (Non-Banking Finance Company-Micro Finance Institution) that caters to the financial needs of rural women from low-income households through the joint liability group mechanism. The financial services offered by the company include income generation, mid-term, and long-term loans to self-employed women, supporting their business enterprises such as livestock raising, running local retail shops, tailoring, and other assorted trades and services. Additionally, BFIL provides loans to its members for the purchase of cook-stoves, solar lights, water purifiers, mobile phones, bicycles, and sewing machines. The company also offers personal and business loans, secured by gold jewelry, to its mem... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L65999MH2003PLC250504 |
| Company No. | 250504 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 22 Sep 2003 |
| Date of AGM | 26 Jul 2018 |
| Date of Balance Sheet | 31 Mar 2018 |
| Listing Status | Listed |
| ROC Code | Roc Mumbai |
Financials of Bharat Financial Inclusion Limited
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Corporate Structure
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People in Bharat Financial Inclusion Limited
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Executive Team (3)
RM
Ramachandra Madapati
Managing DirectorAppointment Date: 04-Oct-2010
Status: Current
AD
Ashish Damani CFOAppointment Date: 18-Apr-2019
Status: Current
RP
Rajendra Patil Company SecretaryAppointment Date: 02-May-2014
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Mar 2019 | ₹3,900.00 Cr | Satisfied |
Others Creation Date: 25 Feb 2019 | ₹1,543.00 Cr | Satisfied |
Others Creation Date: 25 Jan 2019 | ₹200.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Srifin Credit Private Limited
Active
1 year 5 months Rajender Malla, Geoffrey Woolley and 1 more are mutual person
Recent activity within the organization
Charges
A charge registered on 26 Mar 2019 via Charge ID 100253441 with Others was fully satisfied on 18 Jun 2019.
18 Jun 2019Charges
A charge registered on 25 Feb 2019 via Charge ID 100244811 with Others was fully satisfied on 18 Jun 2019.
18 Jun 2019Charges
A charge registered on 11 Jul 2018 via Charge ID 100193671 with Others was fully satisfied on 18 Jun 2019.
18 Jun 2019Charges
A charge registered on 13 Mar 2018 via Charge ID 100162467 with Others was fully satisfied on 18 Jun 2019.
18 Jun 2019Charges
A charge registered on 23 Jan 2018 via Charge ID 100151907 with Others was fully satisfied on 18 Jun 2019.
18 Jun 2019
Recent News, Updates & Announcement
SKS Microfinance renamed Bharat Financial Inclusion.Indiatimes 09 Mar 2023
- Indias Bharat Financial Q2 net profit down marginally yy.
Indiatimes 28 Oct 2017
- IndusInd Bank to Acquire Bharat Financial Inclusion Ltd in Major Merger Boosting Branches and Customers.
IndusInd Bank is buying Bharat Financial Inclusion Ltd in a big merger The new entity will have more branches and customers The merger will bring down costs and all employees will keep their jobs The process will take about 10 months and needs approval from various authorities.
Times Of India 14 Oct 2017
- Bharat Financial raises Rs250 crore via commercial papers Mint.
Total amount of commercial papers outstanding as on date is Rs745 crore said Bharat Financial Inclusion.
mint 28 Feb 2017
- Bharat Financial launches instant micro loan facility.
Microfinance institution Bharat Financial Inclusion Ltd today launched an initiative for instant loan approval and disbursed them to three women in a village near Bassi in Jaipur district.
DNA India 22 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Bharat Financial Inclusion Limited?
