Microfinance

Aditya Birla Finance jumps onto Microfinance bandwagon

Aditya Birla Finance (http://www.adityabirlafinance.com/) which is a subsidiary of Aditya Birla Nuvo and is the NBFC arm of the Aditya Birla Group has announced its entry into the microfinance sector of India. Aditya Birla Finance is the newest entrant to the Indian microfinance sector and follows other biggies like Reliance Consumer Finance, L & T Microfinance and Fullerton all of whom have entered the microfinance sector in the last two years.

Market sources revealed that the company has just closed a financing deal with a large Hyderabad headquarted microfinance institution which has a borrower base of more than 100,000 customers.Aditya Birla Finance Logo

Aditya Birla Finance, is one of India’s leading non-banking financial companies (NBFC). Started in 1991, the company is considered to be one of the largest players in security based lending and is a dominant player in IPO Financing.

Speaking on his company’s entry in the Indian Microfinance sector to the media, Sudhakar Ramasubramanian who is the Chief Executive Officer (CEO) of Aditya Birla Finance said that the micro finance sector in India is one of the fastest growing segments in the financial services category and Aditya Birla Finance is looking forward to build a large and healthy portfolio over the next few years.

Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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17 Comments

17 Comments

  1. J Richmond

    June 21, 2010 at 9:24 pm

    Microfinance has defiantly come from nowhere to a big deal in the last decade

  2. Pankaj Rathore

    June 26, 2010 at 6:21 pm

    work with the experience and good opportunity to micro finance.

  3. charan

    June 27, 2010 at 8:10 pm

    hi ,
    i have done mba finance.im looking for job.

  4. saleem

    July 2, 2010 at 11:30 am

    i completed mba finance iam looking for good job

  5. Arvind.channa

    July 6, 2010 at 4:06 pm

    Hi ,
    May i Intersted in to microfianance in jobs i am jobs in to SKS MPL in leding com.in india on intersted in Aaditya Birla Fianance plz .good experince in Micro finance in SKS .

  6. Rakesh Dash

    July 9, 2010 at 11:38 pm

    I have Completed my graduation In Commerece, &I Have a 4 year wrok experience in Microfinance Sector.

  7. santhosh

    July 12, 2010 at 11:17 am

    why big companies are comming to micro finanace
    they have intention serve the poor or else they profit oriented???? think once
    in india every thing is business……..

  8. rajaram

    July 15, 2010 at 11:54 am

    seeking for a authrity job like as a unitmanager,area mannager
    experience in asmitha &sks

  9. imran

    July 17, 2010 at 2:25 pm

    Dear team,

    This is with reference of some industry sources that I have come to know of the vacancy of area manager in your organazation.

    My qualification is post graduate and Pursuing pgdbm with more than 5 year of experience in various fields like micro finance, life insurance (Sbi life), personal loans (Fullerton india), home loans (ICICI Bank ltd.)etc, which matches such profile.

    Presently I am working as a Branch manager(Haridwar India )location from oct 2009 to present)in MIMO finance (micro finance).

    My last ctc in SBI life insurance co. ltd was Rs 2,80,000/-

    Hoping to receive an early and affirmative response from your end.

  10. abhay

    abhay

    July 20, 2010 at 4:05 pm

    Test Post

  11. Lakhmi chand Goyal

    July 22, 2010 at 7:57 pm

    Hi ,
    May i Intersted in to microfianance in jobs i am jobs in to SKS MPLAs a unit manager in raj.i am intersted in Aaditya Birla Fianance plz .4 year 6 month good experince in Micro finance in SKS
    Hoping to receive an early and affirmative response from your end
    Thanks.

  12. Dyamanna

    February 9, 2012 at 9:18 pm

    Sir i have have interested to work in l&t finance i have 4yr exp as a asst branch manager in asmitha microfin ltd

  13. Sharad Dilip Shinde

    October 26, 2015 at 11:36 pm

    Hi ,
    May i Intersted in to microfianance in jobs i am jobs in to Ujjivan in leding com.in india on intersted in Aaditya Birla Fianance plz .good experince in Micro finance in Ujjivan.And I have one year experience in Ujjivan Financial services Pvt Ltd.

  14. Aniket sharma

    March 17, 2016 at 8:32 am

    I like finance job ….I complete b.com this year and I have experience 6 month bpo k

  15. Ramdasdey

    June 14, 2016 at 8:43 pm

    Hi, i have intrested to work in mircofinance .i have 2 years exprience in annapurna microfinance (p) Ltd as a field credit officer.

  16. Krishna Gopal Mishra

    July 3, 2016 at 5:23 pm

    Hi
    I am krishnagopal mishra I am working in sonata microfinance in 8month .I am interested ur microfinance company

  17. Paresh Chandra Mandal

    September 20, 2016 at 11:01 pm

    Sir, I am interested aditya birla microfinance. I have completed graduation and good experience microfinance sector (work experience: ASA International Microfinance & SHER Microfinance)

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