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Annapurna Microfinance Pvt. Ltd intends to grow micro finance operation in specifically those areas which are do not yet have the access of a formal financial system of the economy and help people with livelihood support especially for the poor through financial and technical support strengthening entrepreneurial skills for effective and efficient undertaking of business activities in rural areas.
As the program grew, there was an utter need to transform itself into a more streamlined entity. The gradual transformation of Mission Annapurna Finance brought forth the name Annapurna Finance Pvt Ltd (AMPL) in the year 2009. Thereafter, AMPL registered itself with the Reserve Bank of India (RBI) as an NBFC-MFI in the year 2013.
Dec 30, 2020 · Stable)As. ignedTotal Long Term. 100.00 (Rs. One Hundred Crore Only) exure-1Detailed Rationale & Key Rating DriversThe rating assigned to Annapurna Finance Private Limited (AFPL) draws comfort from the long track record of the promoters in the microfinance industry, diversified resource profile, established operational set-up and governance ...
Annapurna Finance Pvt. Ltd (AFPL) Annapurna Finance ...
Annapurna Finance Private Limited (AMPL) operates as a micro finance company. The Company offers financial services including, agricultural, credit, insurance, and home improvement loan.
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In November 2009, PF acquired Gwalior Finance and Leasing Company Private Limited, a NBFC registered in Varanasi (Uttar Pradesh) and transferred its microfinance loan portfolio to the NBFC. The name of the NBFC was changed to Annapurna Microfinance Private Limited (AMPL) in February 2010 and to its present name in January 2018.
