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April 25, 2015 1:14 PM ET

Consumer Finance

Company Overview of Grameen Financial Services Private Limited

Company Overview

Grameen Financial Services Private Limited, a non-banking financial company, provides micro finance services primarily to women from rural poor and low income households in Karnataka, Maharashtra, and Tamil Nadu. The company offers income generation, home improvement, emergency, family welfare, and home construction loans; life and healthcare insurance products; and pension schemes, as well as non-financial services. As of March 31, 2014, it operated 176 branches in 42 districts. The company was founded in 1999 and is headquartered in Bengaluru, India.

#26, Srinivasa Arcade

Srinidhi Layout

Opp. Srinidhi Public School

Chunchanaghatta

Bengaluru,  560078

India

Founded in 1999

1,560 Employees

Phone:

91 80 3041 8100

Fax:

91 80 2632 4433

Key Executives for Grameen Financial Services Private Limited

Chief Executive Officer
Managing Director, Executive Director, Chairman of Asset & Liabilities Management Committee, Member of Executive Committee, Member of Audit Committee, Member of Nomination & Grievances Committee, Member of Compensation & Remuneration Committee, Member of Shares & Debenture Allotment Committee, Member of Investments & Borrowing Committee and Member of Risk Mitigation Committee
Age: 43
Chief Financial Officer
Vice President of Operations
State Head of Karnataka & Tamil Nadu Operations
Compensation as of Fiscal Year 2014.

Grameen Financial Services Private Limited Key Developments

Grameen Financial Services Private Limited, Board Meeting, Nov 10, 2014

Grameen Financial Services Private Limited, Board Meeting, Nov 10, 2014. Agenda: To approve unaudited earnings results for the six months ended September 30, 2014.

Grameen Koota-Micro Finance Institution Reports Unaudited Earnings Results for the Six Months Ended September 30, 2014

Grameen Koota-Micro Finance Institution reported unaudited earnings results for the six months ended September 30, 2014. For the period, the company reported total income of INR 1,247.9 million against INR 623.0 million a year ago. Profit from ordinary activities before tax was INR 344.0 million against INR 136.7 million a year ago. Net profit for the period was INR 224.6 million against INR 94.0 million a year ago. Earnings per share were INR 4.24 against INR 2.37 a year ago.

Grameen Financial Services Private Limited, Board Meeting, May 27, 2014

Grameen Financial Services Private Limited, Board Meeting, May 27, 2014. Agenda: To approve the standalone audited earnings results for the year ended March 31, 2014.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 31, 2014
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