Milestones

Received NBFC – MFI license from the Reserve Bank of India

First branch launched in Lauhati, Rajarhat (near Kolkata) and added 4 new in North Bengal branches

Started operations in the 24 erstwhile branches of Sreema Mahila Samity (SMS)

GLP crosses INR 25 crores

Entered into BC arrangement with MAS Financial Services

Increases presence by expanding in Bihar GLP crosses INR 60 Cr

BC partnership with Utkarsh SFB

Expands presence to Odisha

GLP crosses INR 79 crores

GLP crosses INR 153 crores

Entered into BC partnership with IDBI Bank

Expands presence in Jharkhand

Equity Investment by SIDBI Ventures

GLP Crosses INR 239.26 crores. 20 new branches were rolled out during the year. We expanded our business in Assam and Tripura. Total 162000 borrower were welcomed to Janakalyan Family.