Microfinance Private Equity

Bandhan Microfinance raises 50 Crore(US $10.7 million) from SIDBI

Bandhan Microfinance

Bandhan Microfinance

Bandhan Microfinance which has operations in more than 10 states and an outstanding portfolio of more 1000 crores.
has completed its first round of equity raising with an infusion of Rs 50-crore ($10.7 million) investment from Small Industries Development Bank of India (SIDBI).SIDBI is public sector bank and provides financial support of small and medium industries.

Bandhan was founded by Chandrasekhar Ghosh in 2001 and has it’s headquarters in Calcutta,West Bengal.

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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1 Comment

1 Comment

  1. bhupesh

    April 18, 2010 at 5:15 pm

    At.Shri Ram Nagar Bhupesh Parshuram Mungule
    Bhadrawati Mob: 0-9421722789 & 9403693376
    Dist Chandrapur Id:bhupesh_mungule@yahoo.com

    Objective: “To obtain a challenging position that allows me to utilize my current skills and to get proper platform to improve myself to achieve high standards in the fields”

    Job Sector: Microfinance
    Professional Experience

    September 2009 – Till date: Area Manager, District Head Sampada Microfinance
    Area identification
    Client identification
    Loan appraisal of client
    Loan Utilization check
    Collection responsibility
    Monitoring to field staff

    Jan 2007-July 2009: Branch Manager, SKS Micro Finance Ltd.
    Branch survey
    Identify Area,
    Location to work,
    CGT monitoring
    Conduct GRT,
    Loan sanctioning,
    Verification of all documents such as register, loan proposal,
    Monitoring of field staff,
    Collection deposit to bank
    And maintain cash book on daily basis

    Jan 2002-Oct 2006: Self Employed Professional

    • Dealing for Non- banking Finance for all kinds of Automobiles.
    • Assembling and Supplying of Electronic Goods such as Cooler TV ,Coolers ,CD players etc
    • Transport of Vehicles and all Mechanized works related to Farming.

    Educational Qualification:

    Course Year of Passing University % Marks Division
    PGDBM 2001 Nagpur University 59.17% Second Class
    B.Sc [Electronics] 2000 Nagpur University 47.29% Second Class

    Date: / / Bhupesh Parshuram Mungule

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