May 04, 2016 3:40 PM ET

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Company Overview of Grameen Koota 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.

#49, 46th Cross

8th Block

Jayanagar

Bengaluru,  560071

India

Founded in 1999

Phone:

91 80 3041 8100

Fax:

91 80 2843 6237

Key Executives for Grameen Koota Financial Services Private Limited

Chief Executive Officer
Founder, Non-Executive Chairman, Chairman of Executive Committee, Chairman of Investments and Borrowing Committee, Chairman of Shares and Debenture Allotment Committee, Member of Nomination and Grievances Committee and Member of Compensation & Remuneration Committee
Age: 57
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: 44
Chief Financial Officer
Vice President of Operations
Compensation as of Fiscal Year 2015.

Grameen Koota Financial Services Private Limited Key Developments

Grameen Koota Financial Services Private Limited Reports Unaudited Standalone Earnings Results for the Six Months Ended September 30, 2015

Grameen Koota Financial Services Private Limited reported unaudited standalone earnings results for the six months ended September 30, 2015. For the six months, the company reported interest earned of INR 1,939.5 million compared to INR 1,053.9 million a year ago. Operating profit before provisions of contingents was INR 698.2 million compared to operating profit before provisions of contingents of INR 362.2 million a year ago. Profit from ordinary activities before tax was INR 665.6 million compared to profit from ordinary activities before tax of INR 344.0 million a year ago. Net profit was INR 429.3 million compared to net profit of INR 224.9 million a year ago. Diluted profit per share was INR 5.82 compared to diluted profit per share of INR 4.24 a year ago.

Grameen Koota Financial Services Private Limited, Board Meeting, Nov 27, 2015

Grameen Koota Financial Services Private Limited, Board Meeting, Nov 27, 2015. Agenda: To consider unaudited standalone earnings results for the six months ended September 30, 2015.

Grameen Koota Financial Services Pvt Ltd Announces Change of Corporate Address

Grameen Koota Financial Services Pvt Ltd. has announced that the corporate address of the company has changed to #49, 46th Cross, 8th Block, Jayanagar, Bangalore - 560071.

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