Spandana is one of the largest microfinance institutions in India with over 4.2 million clients served across 1,533 branches. It has demonstrated strong and consistent growth over the past decade across key metrics like number of branches and employees, clients, loan disbursements and portfolio. Spandana's profit after tax has grown at an annual rate of over 175% in the last 10 years. It has established itself as an industry leader in scale and operational efficiency.
Spandana Sphoorty Financial Limited is a microfinance institution that provides small loans and other financial services to low-income individuals. It was founded in 1997 in Guntur, India when the founder recognized a need to provide affordable credit to economically active women. Key aspects of Spandana's model include group lending without collateral, short repayment periods, and services directly in villages through credit assistants. Credit assistants are critical as they are responsible for identifying clients, forming groups, conducting meetings, and ensuring timely repayment. Their work helps Spandana achieve its mission of increasing access to financial services and empowering low-income individuals.
The document provides information about Spandana Sphoorty Financial Limited, a microfinance company operating in India. It discusses the meaning and values of the company's name, the mission to provide financial services to low-income clients, and the typical activities performed by a Credit Assistant which include conducting village surveys, forming borrower groups, providing training and loans, and ensuring timely repayments. It also summarizes the typical daily schedule and responsibilities of a Credit Assistant.
1. NJ India Invest is a mutual fund distribution company established in 1994 in Surat, India. It distributes schemes for various asset management companies.
2. The company has expanded to over 30 branches in Gujarat and 6 branches outside the state. It aims to further expand outside Gujarat.
3. The document provides an overview of NJ India Invest's organizational structure, vision, quality policy, the AMCs it partners with, its achievements and recognitions.
About Microfinance
About Suryoday
SWOT and PESTEL analysis of Suryoday
Blue ocean Strategy
Financial Highlights of Suryoday
Branding and marketing strategy
Risk Management and policy
Major players
SKS Microfinance is the largest microfinance company in India, with a market share of approximately 10%. It offers microloans primarily to low-income women in rural India using the Grameen Bank model of joint liability groups. This model and SKS's focus on operational efficiency has allowed it to achieve industry-leading asset quality and low interest rates of around 25%. The IPO note recommends subscribing to the IPO given SKS's market leadership position and the large unmet demand for microfinance in India.
Suryoday is the Sanskrit word which signifies the dawn of a new beginning.Suryoday Micro Finance Ltd is a registered NBFC (Non Banking Financial Company), engaged in providing loans to women from economically weaker section who do not have access to traditionally banking services.
Mission statement of Suryoday :To cater to 1 million households by the year 2018 .
Presentation given by Suryoday Micro-finance (www.suryodaymf.com) at "Get Started and Make an Impact" a speed networking event organized by Net Impact Pune (www.nipune.org) to enable professionals to learn, network and contribute to various social organizations.
Lakshmi was a seamstress who took out small loans from SKS Microfinance to expand her tailoring business. With additional capital from the loans, she was able to buy more sewing machines, hire employees, and outsource work, growing her small business into a thriving operation that employs several people. She now supplies thousands of saree petticoats to shops across multiple cities. Lakshmi hopes to continue expanding her business by sourcing fabric in larger quantities and adding storage space.
Spandana Sphoorty Financial Limited is a microfinance institution that provides small loans and other financial services to low-income individuals. It was founded in 1997 in Guntur, India when the founder recognized a need to provide affordable credit to economically active women. Key aspects of Spandana's model include group lending without collateral, short repayment periods, and services directly in villages through credit assistants. Credit assistants are critical as they are responsible for identifying clients, forming groups, conducting meetings, and ensuring timely repayment. Their work helps Spandana achieve its mission of increasing access to financial services and empowering low-income individuals.
The document provides information about Spandana Sphoorty Financial Limited, a microfinance company operating in India. It discusses the meaning and values of the company's name, the mission to provide financial services to low-income clients, and the typical activities performed by a Credit Assistant which include conducting village surveys, forming borrower groups, providing training and loans, and ensuring timely repayments. It also summarizes the typical daily schedule and responsibilities of a Credit Assistant.
1. NJ India Invest is a mutual fund distribution company established in 1994 in Surat, India. It distributes schemes for various asset management companies.
2. The company has expanded to over 30 branches in Gujarat and 6 branches outside the state. It aims to further expand outside Gujarat.
3. The document provides an overview of NJ India Invest's organizational structure, vision, quality policy, the AMCs it partners with, its achievements and recognitions.
About Microfinance
About Suryoday
SWOT and PESTEL analysis of Suryoday
Blue ocean Strategy
Financial Highlights of Suryoday
Branding and marketing strategy
Risk Management and policy
Major players
SKS Microfinance is the largest microfinance company in India, with a market share of approximately 10%. It offers microloans primarily to low-income women in rural India using the Grameen Bank model of joint liability groups. This model and SKS's focus on operational efficiency has allowed it to achieve industry-leading asset quality and low interest rates of around 25%. The IPO note recommends subscribing to the IPO given SKS's market leadership position and the large unmet demand for microfinance in India.
Suryoday is the Sanskrit word which signifies the dawn of a new beginning.Suryoday Micro Finance Ltd is a registered NBFC (Non Banking Financial Company), engaged in providing loans to women from economically weaker section who do not have access to traditionally banking services.
Mission statement of Suryoday :To cater to 1 million households by the year 2018 .
Presentation given by Suryoday Micro-finance (www.suryodaymf.com) at "Get Started and Make an Impact" a speed networking event organized by Net Impact Pune (www.nipune.org) to enable professionals to learn, network and contribute to various social organizations.
Lakshmi was a seamstress who took out small loans from SKS Microfinance to expand her tailoring business. With additional capital from the loans, she was able to buy more sewing machines, hire employees, and outsource work, growing her small business into a thriving operation that employs several people. She now supplies thousands of saree petticoats to shops across multiple cities. Lakshmi hopes to continue expanding her business by sourcing fabric in larger quantities and adding storage space.
Microfinance helps alleviate poverty by providing poor households with working capital for income-generating activities, expanding businesses, and accessing financial services. It protects against risks, creates jobs, and empowers women. ASA India provides microloans and has over 130 branches serving over 200,000 members across West Bengal, Assam, Tripura, and Bihar. It has innovative practices like flexible group structures and standardized processes. Joint efforts between ASA India and Lions Clubs use microfinance to reach more communities while integrating additional social programs.
This document provides an overview of Sanchetna Financial Services Pvt. Ltd., a microfinance institution operating in Uttar Pradesh, India. It details the organization's mission and vision, management team, products offered, operational and financial performance to date, expansion plans, and use of funds from potential investors. Key information includes that Sanchetna has reached over 8,000 clients to date, maintains a portfolio of INR 45.7 million, and aims to reach one lakh clients by 2015 while maintaining a sustainable business model.
The document discusses various types of banks in India such as commercial banks, cooperative banks, regional rural banks, payment banks, and small finance banks. It also outlines the key functions of banking such as accepting deposits and lending loans, as well as the primary roles of the Reserve Bank of India as the central bank which include formulating monetary policy, regulating financial systems, managing foreign exchange, and issuing currency.
This document discusses various options for employment and business ownership. It notes that youth unemployment is much higher than general unemployment in several countries. It then assesses the pros and cons of being an employee versus being self-employed or starting a business. Some options for starting a business with little money include leveraging existing value chains, using one's skills and network, entering service industries, becoming an agent, or forming partnerships. Overall, the document suggests taking control of one's future by considering self-employment and business ownership.
The document summarizes the business plan of Bihar Development Trust, a microfinance startup in Bihar, India. It aims to adapt successful models like Grameen to provide affordable credit and savings services to underserved communities. In its first year of operations, it formed 31 groups with 155 members and disbursed loans totaling $367,000. It plans rapid geographical expansion across Bihar to reach over 6 million potential microfinance clients and create employment and economic opportunities.
Saraswat Co-Operative Bank has over 90 years of experience serving customers as a financial cooperative owned by its members. It has over 200 branches across India offering banking services like deposits, loans, debit cards, internet banking, and more. The bank aims to provide both the capabilities of large banks with the personalized service of small banks. It caters mainly to middle-class customers and has introduced many popular credit and deposit schemes at competitive rates.
This document provides information about Tara Chand Saini's summer training project report at Fullerton Securities Jaipur. It includes a certificate signed by the academic guide, Mr. Gaurav Varshney, declaring that the project is Tara's original work. The project focuses on marketing and wealth management products. An acknowledgement section thanks various people who supported Tara during the internship. An executive summary outlines that the 3-month internship involved a study on how many individuals are currently trading in the share market.
This internship report summarizes the author's 45-day internship at Reliance Money in Chennai, India. The report provides background on Reliance Money and describes the author's role as a Business Development Executive working to boost sales at an underperforming franchise location in Adyar. Through assessments of the franchise's visibility, area potential, and sales activities, the author identifies issues like an outdated sign and lack of sales staff. Recommendations include improving signage, hiring more sales executives, and upgrading the trading platform to enhance customer satisfaction. The report concludes the internship provided valuable exposure to corporate target-setting and stress management.
The document summarizes information about an afterschool program called Afterschoool that provides a comprehensive social entrepreneurship program. The 3 year program is available fully online or in-person and covers topics like spiritual entrepreneurship, rural development, and various industry specializations. It has no fees, uses case studies and workshops, and aims to develop social entrepreneurs and change makers to help society. The program is supported by past participants and encourages current students to also support and promote social entrepreneurship.
The newsletter provides information on the coconut and coir industry in India. It discusses the economic and social significance of coconut cultivation in southern India. It outlines the key government initiatives to promote the industry. The industry contributes Rs. 20,000 crores annually to India's GDP and employs over 10 million people. Coconut products exported include coconut oil, copra, desiccated coconut. Coir is extracted from coconut husks and is used to make products like mats, rugs and geo-textiles. The industry faces challenges of low productivity and need for mechanization and value addition.
Study of salary administration for delta l ife insurance company ltdSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
This document discusses Know Your Customer (KYC) procedures and compliance, organizational structures of banks, products and services offered by banks, government lending schemes, and risk management practices in banks. It covers topics like starting a new bank, central banking regulations, branch expansion, investments, non-performing assets, and credit risk management. The document provides an overview of various banking operations and compliance functions through questions and explanatory points.
The document provides details about an internship at NJ India Invest Pvt. Ltd., a privately owned financial products distribution company, including the company's growth profile with over 1,100 employees and 21,000 partners, the intern's responsibilities in business development and conducting market research, and lessons learned about teamwork, communication skills, and the mutual funds industry.
This document provides an overview of the Service Management Project for Group 3 at Ujjivan Financial Services. It includes an agenda that covers information about MFIs, an introduction to Ujjivan, the nature and types of services offered, strategic vision, growth rate, service blueprint, demand forecasting and capacity management, and HR policies. Ujjivan is an Indian MFI that provides collateral-free loans and other financial services to low-income customers. It has a presence in 24 states with over 6,500 employees. The document outlines Ujjivan's loan products, service delivery processes, strategies for growth and customer retention, and approaches to demand forecasting, capacity management, and developing employees.
This document is Joydip Roy's declaration for his project completed at SBI Life Insurance Cooch Behar from March 3rd to April 3rd, 2011 under the guidance of Mr. Tuhin Nandi and Mr. Subendhu Chakroborty. It includes certificates from his college confirming his student status and completion of the project. The document discusses SBI Life Insurance and provides background on State Bank of India and BNP Paribas, the joint venture partners of SBI Life Insurance.
Rang De is a nonprofit microfinance organization based in Bangalore that aims to provide affordable credit to underserved communities, especially first-time borrowers. Through a model combining microfinance, peer-to-peer lending and crowdfunding, Rang De has disbursed over 36,000 loans totaling 32 crore rupees, with 94.1% going to women borrowers across 16 Indian states. Rang De offers customized loan products at interest rates between 4.5-10% to fund activities like cow-rearing, education, and small businesses.
- Bajaj Capital is an investment services company founded in 1964 that helps clients protect and grow their wealth through financial products like mutual funds, fixed deposits, bonds, and insurance.
- Their logo depicts Lord Ganesha who symbolizes their values and ethics in business. They aim to be a trustworthy partner to clients and help them achieve their life goals.
- They have over 50 years of experience, 120 offices across India, and serve over 10 lakh clients with a diverse range of financial products and personalized services.
CBLO is a money market instrument that allows entities access to borrow and lend funds against securities for short periods of 1 day to 1 year. It involves CCIL acting as an intermediary between the borrower and lender. Capital employed represents the total long-term funds from shareholders and creditors used in a business. It is used to calculate return on capital employed (ROCE). A qualified institutional buyer (QIB) is an institution that can privately purchase securities from listed companies to help companies raise funds within India's domestic market. The statutory liquidity ratio (SLR) is the minimum fraction of deposits that banks must maintain as liquid assets like government securities and cash.
This document contains the resume of Suri Babu V. It summarizes his work experience and qualifications. He has over 3 years of experience as a SQL Server Database Administrator and over 5 years of experience in IT roles including database support, data analysis, and office assistance. His skills include SQL Server administration, database design, performance tuning, backup/recovery, and working with tools like SQL Server Management Studio. He holds a BSc in Computers and is seeking opportunities as a SQL Server DBA or in a related IT role.
Spandana Foundation is a registered 501(C)(3) tax-exempt non-profit organization striving to help needy people with the following 4 projects:
PRATIBHA: To support meritorious but poor students.
VIDYALAYA: To provide basic infrastructure to schools.
CHEYUTHA: To provide basic healthcare to rural people.
AASHRAYA: To support natural calamity victims and orphanage & oldage homes.
Visit us at www.spandana.org for more information.
This handbook provides guidance on forming self-help groups (SHGs) to help poor communities. It discusses identifying potential SHG members and forming groups of 10-20 individuals from very poor families. It outlines how to organize group meetings and train members on financial management and social empowerment. SHGs can open a savings bank account, conduct internal lending between members, and eventually obtain loans from banks which the handbook says helps members properly manage, utilize, and repay loans.
The document discusses different group delivery models for microfinance including self-help groups (SHGs) and joint liability groups (JLGs). It provides details on:
- SHG formation which involves 10-15 local women saving small regular amounts over months until there is capital to lend within the group.
- The SHG-bank linkage program where an NGO acts as an intermediary between banks and SHGs, helping SHGs open bank accounts and obtain loans.
- JLG formation involving groups of 5 members who meet weekly and are jointly liable for loans.
- Various partner organizations and the group models they use such as SHGs, JLGs, or cooperatives.
-
Microfinance helps alleviate poverty by providing poor households with working capital for income-generating activities, expanding businesses, and accessing financial services. It protects against risks, creates jobs, and empowers women. ASA India provides microloans and has over 130 branches serving over 200,000 members across West Bengal, Assam, Tripura, and Bihar. It has innovative practices like flexible group structures and standardized processes. Joint efforts between ASA India and Lions Clubs use microfinance to reach more communities while integrating additional social programs.
This document provides an overview of Sanchetna Financial Services Pvt. Ltd., a microfinance institution operating in Uttar Pradesh, India. It details the organization's mission and vision, management team, products offered, operational and financial performance to date, expansion plans, and use of funds from potential investors. Key information includes that Sanchetna has reached over 8,000 clients to date, maintains a portfolio of INR 45.7 million, and aims to reach one lakh clients by 2015 while maintaining a sustainable business model.
The document discusses various types of banks in India such as commercial banks, cooperative banks, regional rural banks, payment banks, and small finance banks. It also outlines the key functions of banking such as accepting deposits and lending loans, as well as the primary roles of the Reserve Bank of India as the central bank which include formulating monetary policy, regulating financial systems, managing foreign exchange, and issuing currency.
This document discusses various options for employment and business ownership. It notes that youth unemployment is much higher than general unemployment in several countries. It then assesses the pros and cons of being an employee versus being self-employed or starting a business. Some options for starting a business with little money include leveraging existing value chains, using one's skills and network, entering service industries, becoming an agent, or forming partnerships. Overall, the document suggests taking control of one's future by considering self-employment and business ownership.
The document summarizes the business plan of Bihar Development Trust, a microfinance startup in Bihar, India. It aims to adapt successful models like Grameen to provide affordable credit and savings services to underserved communities. In its first year of operations, it formed 31 groups with 155 members and disbursed loans totaling $367,000. It plans rapid geographical expansion across Bihar to reach over 6 million potential microfinance clients and create employment and economic opportunities.
Saraswat Co-Operative Bank has over 90 years of experience serving customers as a financial cooperative owned by its members. It has over 200 branches across India offering banking services like deposits, loans, debit cards, internet banking, and more. The bank aims to provide both the capabilities of large banks with the personalized service of small banks. It caters mainly to middle-class customers and has introduced many popular credit and deposit schemes at competitive rates.
This document provides information about Tara Chand Saini's summer training project report at Fullerton Securities Jaipur. It includes a certificate signed by the academic guide, Mr. Gaurav Varshney, declaring that the project is Tara's original work. The project focuses on marketing and wealth management products. An acknowledgement section thanks various people who supported Tara during the internship. An executive summary outlines that the 3-month internship involved a study on how many individuals are currently trading in the share market.
This internship report summarizes the author's 45-day internship at Reliance Money in Chennai, India. The report provides background on Reliance Money and describes the author's role as a Business Development Executive working to boost sales at an underperforming franchise location in Adyar. Through assessments of the franchise's visibility, area potential, and sales activities, the author identifies issues like an outdated sign and lack of sales staff. Recommendations include improving signage, hiring more sales executives, and upgrading the trading platform to enhance customer satisfaction. The report concludes the internship provided valuable exposure to corporate target-setting and stress management.
The document summarizes information about an afterschool program called Afterschoool that provides a comprehensive social entrepreneurship program. The 3 year program is available fully online or in-person and covers topics like spiritual entrepreneurship, rural development, and various industry specializations. It has no fees, uses case studies and workshops, and aims to develop social entrepreneurs and change makers to help society. The program is supported by past participants and encourages current students to also support and promote social entrepreneurship.
The newsletter provides information on the coconut and coir industry in India. It discusses the economic and social significance of coconut cultivation in southern India. It outlines the key government initiatives to promote the industry. The industry contributes Rs. 20,000 crores annually to India's GDP and employs over 10 million people. Coconut products exported include coconut oil, copra, desiccated coconut. Coir is extracted from coconut husks and is used to make products like mats, rugs and geo-textiles. The industry faces challenges of low productivity and need for mechanization and value addition.
Study of salary administration for delta l ife insurance company ltdSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
This document discusses Know Your Customer (KYC) procedures and compliance, organizational structures of banks, products and services offered by banks, government lending schemes, and risk management practices in banks. It covers topics like starting a new bank, central banking regulations, branch expansion, investments, non-performing assets, and credit risk management. The document provides an overview of various banking operations and compliance functions through questions and explanatory points.
The document provides details about an internship at NJ India Invest Pvt. Ltd., a privately owned financial products distribution company, including the company's growth profile with over 1,100 employees and 21,000 partners, the intern's responsibilities in business development and conducting market research, and lessons learned about teamwork, communication skills, and the mutual funds industry.
This document provides an overview of the Service Management Project for Group 3 at Ujjivan Financial Services. It includes an agenda that covers information about MFIs, an introduction to Ujjivan, the nature and types of services offered, strategic vision, growth rate, service blueprint, demand forecasting and capacity management, and HR policies. Ujjivan is an Indian MFI that provides collateral-free loans and other financial services to low-income customers. It has a presence in 24 states with over 6,500 employees. The document outlines Ujjivan's loan products, service delivery processes, strategies for growth and customer retention, and approaches to demand forecasting, capacity management, and developing employees.
This document is Joydip Roy's declaration for his project completed at SBI Life Insurance Cooch Behar from March 3rd to April 3rd, 2011 under the guidance of Mr. Tuhin Nandi and Mr. Subendhu Chakroborty. It includes certificates from his college confirming his student status and completion of the project. The document discusses SBI Life Insurance and provides background on State Bank of India and BNP Paribas, the joint venture partners of SBI Life Insurance.
Rang De is a nonprofit microfinance organization based in Bangalore that aims to provide affordable credit to underserved communities, especially first-time borrowers. Through a model combining microfinance, peer-to-peer lending and crowdfunding, Rang De has disbursed over 36,000 loans totaling 32 crore rupees, with 94.1% going to women borrowers across 16 Indian states. Rang De offers customized loan products at interest rates between 4.5-10% to fund activities like cow-rearing, education, and small businesses.
- Bajaj Capital is an investment services company founded in 1964 that helps clients protect and grow their wealth through financial products like mutual funds, fixed deposits, bonds, and insurance.
- Their logo depicts Lord Ganesha who symbolizes their values and ethics in business. They aim to be a trustworthy partner to clients and help them achieve their life goals.
- They have over 50 years of experience, 120 offices across India, and serve over 10 lakh clients with a diverse range of financial products and personalized services.
CBLO is a money market instrument that allows entities access to borrow and lend funds against securities for short periods of 1 day to 1 year. It involves CCIL acting as an intermediary between the borrower and lender. Capital employed represents the total long-term funds from shareholders and creditors used in a business. It is used to calculate return on capital employed (ROCE). A qualified institutional buyer (QIB) is an institution that can privately purchase securities from listed companies to help companies raise funds within India's domestic market. The statutory liquidity ratio (SLR) is the minimum fraction of deposits that banks must maintain as liquid assets like government securities and cash.
This document contains the resume of Suri Babu V. It summarizes his work experience and qualifications. He has over 3 years of experience as a SQL Server Database Administrator and over 5 years of experience in IT roles including database support, data analysis, and office assistance. His skills include SQL Server administration, database design, performance tuning, backup/recovery, and working with tools like SQL Server Management Studio. He holds a BSc in Computers and is seeking opportunities as a SQL Server DBA or in a related IT role.
Spandana Foundation is a registered 501(C)(3) tax-exempt non-profit organization striving to help needy people with the following 4 projects:
PRATIBHA: To support meritorious but poor students.
VIDYALAYA: To provide basic infrastructure to schools.
CHEYUTHA: To provide basic healthcare to rural people.
AASHRAYA: To support natural calamity victims and orphanage & oldage homes.
Visit us at www.spandana.org for more information.
This handbook provides guidance on forming self-help groups (SHGs) to help poor communities. It discusses identifying potential SHG members and forming groups of 10-20 individuals from very poor families. It outlines how to organize group meetings and train members on financial management and social empowerment. SHGs can open a savings bank account, conduct internal lending between members, and eventually obtain loans from banks which the handbook says helps members properly manage, utilize, and repay loans.
The document discusses different group delivery models for microfinance including self-help groups (SHGs) and joint liability groups (JLGs). It provides details on:
- SHG formation which involves 10-15 local women saving small regular amounts over months until there is capital to lend within the group.
- The SHG-bank linkage program where an NGO acts as an intermediary between banks and SHGs, helping SHGs open bank accounts and obtain loans.
- JLG formation involving groups of 5 members who meet weekly and are jointly liable for loans.
- Various partner organizations and the group models they use such as SHGs, JLGs, or cooperatives.
-
The document discusses the present perfect tense in English, which can be confusing for learners. It provides examples of how to form the present perfect using the auxiliary verbs have and has along with the past participle. Some key uses of the present perfect include describing experiences or events that happened at an unspecified time before now or that connect the past with the present. The document contains exercises for learners to practice forming and using the present perfect tense correctly in different contexts.
This document defines and compares different types of VPN technologies. It explains that a VPN uses encryption and tunnels to securely transfer private network traffic over a public network like the Internet. The main VPN protocols discussed are PPTP, L2TP, and IPsec. PPTP is a Microsoft-developed protocol that ensures messages between VPN nodes are secure. L2TP combines features of PPTP and L2F protocols. IPsec supports two encryption modes and uses ISAKMP/Oakley for authentication using public keys. Site-to-site and remote access VPNs allow connections between networks and remote computers/devices over the Internet.
This document provides an overview of SQL injection attacks and techniques for exploiting Microsoft SQL Server databases. It discusses the basics of SQL injection vulnerabilities and how they can be used to bypass authentication, evade audit logs, and search for vulnerable websites. The document then covers normal SQL injection attacks on MSSQL, including using HAVING/GROUP BY, CONVERT functions, and UNION queries. It also discusses blind SQL injection techniques, more advanced attacks using extended stored procedures, and SQL injection worm attacks. Countermeasures are suggested, and the document provides references and greetings.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Southern Electronics (Bangalore) Private Limited is an avionics company located in Bangalore, India. It has developed several avionics systems including a fire detection and warning system, high energy ignition unit, standby centralised warning panel, intercom systems, digital clocks, illuminated lighting panels, and fire warning control boxes. It also provides test and ground support equipment, designs switches, and has infrastructure like humidity and temperature chambers for testing. Southern Electronics works with major defense organizations in India like Hindustan Aeronautics Limited and has design organization approvals to certify its avionics systems.
This document discusses configuring, customizing, and troubleshooting Outlook Express. It provides instructions on setting up email and newsgroup accounts in Outlook Express, including configuring account properties and servers. Potential issues that could arise are also addressed, such as being unable to send/receive email or access newsgroups. The document also covers customizing the Outlook Express interface and resolving related issues. Key topics covered include email/newsgroup accounts, account configuration, troubleshooting connectivity problems, and customizing the Outlook Express view.
This short document provides instructions for students to work with a partner to discuss how to ask questions and write different types of questions in their notebook. It prompts students to generate questions using interrogative words like what, when, where, why, how, and who.
Katherine Brittain selected final images for an ancillary task involving a band. She chose individual pictures of the singer, guitarist, bassist, and drummer that showed each band member well. She also selected a group shot of the full band, though some editing would be needed to adjust sizes and remove a t-shirt graphic. Additionally, Katherine chose a solo shot of the singer that could be edited to resemble a Rhianna album cover.
This document provides a summary and table of contents for the Ubuntu Server Guide, which contains information on installing and configuring various server applications on Ubuntu systems. It describes how to install and configure services like Apache, PHP, MySQL, PostgreSQL, OpenLDAP, Kerberos, DNS, firewalls, monitoring with Nagios and Munin, and more. The document is maintained by the Ubuntu documentation team and community and is licensed under Creative Commons ShareAlike 3.0.
The document discusses several new developments in reproductive medicine, including:
1) The use of GnRH antagonists for ovarian stimulation which provides benefits over long GnRH agonist protocols such as less side effects and no difference in live birth rates.
2) Elective single embryo transfer (eSET) which aims to avoid multiple pregnancies and improve pregnancy rates and live birth rates compared to double embryo transfer.
3) Blastocyst culture and vitrification techniques for cryopreservation which provide improved survival and pregnancy rates compared to slow freezing methods.
4) Preimplantation genetic screening (PGS) which aims to select euploid embryos but has not clearly proven benefits to implantation or abortion rates.
Let’s take a look back on microfinance, what do you see?
3 years ago….
5 years ago…
10 years ago…
In your country and organisation in terms of growth, number of institutions?
Asit C Mehta Investment Interrmediates brings to you the reasons to save your money. Save for a better & secure future. “Getting Rich is not a function of investing a lot of money; it is a result of investing regularly for long periods of time.”
Presentation includes Introduction to Microfinance Industry, Business Process, Strategies, Key Challenges, Future Outlook and Special Issues like Urban Microfinance & Rating of Microfinance Institutions
Micro-finance In India, Opportunity and Challenges Mayank Singh
The Economic Pyramid of India is being explained with Analysis on the role of Microfinance through the special case of Bandhan Financial service Pvt. limited.with Formulated current and future challenges and their solutions to the business model.
Microfinance in India provides small loans, savings, and insurance to low-income individuals who lack access to traditional financial services. Common microfinance models in India include self-help groups and programs based on the Grameen Bank in Bangladesh. The microfinance sector has grown substantially over the past decade but still reaches only a small portion of the rural poor. Ongoing challenges include expanding access to remote areas, developing new products, and attracting long-term financing for continued growth.
The document provides an overview of the microfinance sector in India. It defines microfinance and discusses the key features and models used, including self-help groups (SHGs) and SHG-bank linkage models. It outlines the case for microfinance in India given high poverty levels. It also discusses the various actors involved like MFIs, banks, NABARD, SIDBI and regulations like the Microfinance Institutions Bill. It notes that while microfinance has grown, there is still a large unmet demand and challenges remain around access to funding, human resources and over-indebtedness.
This document discusses microfinance and building a sustainable microfinance sector in India. It begins by defining microfinance and outlining its current reach in India. It then discusses challenges like high operating costs due to low transaction values, geographic spread, and lack of infrastructure. The document proposes a three-track approach using existing financial institutions, new microfinance institutions, and community-based organizations. It examines multiple dimensions of sustainability and suggests legal and regulatory changes to promote sustainable microfinance institutions in India.
This document discusses microfinance and strategies for building a sustainable microfinance sector in India. It begins by defining microfinance and outlining its current reach in India. It then examines challenges like high operating costs due to low transaction values and lack of infrastructure. The document proposes a three-track approach using mainstream financial institutions, new microfinance institutions, and community-based organizations. It also discusses the multiple dimensions of sustainability and makes recommendations to strengthen the legal and regulatory framework to promote sustainable microfinance institutions in India.
Impact of microfinance on the indian economyMeghana Bhogle
This is a presentation i made for my first year as a management student. An overview of micro-credit and it's advantages as also the various organizations that help facilitate the same
The document discusses the history and current state of microfinance in India. It begins with an overview of what microfinance aims to be by providing small loans to impoverished individuals. It then discusses the rise and fall of microfinance institutions (MFIs) in India, from early growth in the 1980s-2000s to over-lending issues and client suicide crises in 2010-2011. The document analyzes factors that contributed to the MFI crisis in India, including exorbitant interest rates, client coercion, a focus on high growth over responsible lending, and multiple overlapping loans leading to over-indebtedness. It concludes by discussing regulatory options and the need for sustainable microfinance models going forward.
The document discusses micro enterprises and microfinance in tourism. It defines micro enterprises based on investment levels for manufacturing and service sectors. Micro enterprises are very small businesses that play an important role in developing economies by creating jobs and income. They often rely on microloans from microfinance institutions. The document also discusses microfinance and its evolution and role in India, where it provides small loans and financial services to low-income individuals and families. Micro enterprises, especially small travel agencies, make up a major part of the tourism industry in many countries.
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This document discusses ICICI Bank's entry into microfinance in India. It outlines various models the bank tried, including directly linking self-help groups to branches, outsourcing group formation, and using microfinance institutions as intermediaries. However, these models faced issues with high costs, limited scalability, and constraints on MFI growth. The document raises questions about whether ICICI should modify its existing model or develop a new structure that optimizes capital use, incentives, and long-term scalability to expand microfinance outreach.
Rural banking in India aims to provide financial services to customers in rural areas. The objectives include saving rural people from money lenders, accelerating economic growth, and encouraging entrepreneurship. Currently, rural populations have limited access to services, with many relying on informal sources. Regional Rural Banks were established to increase credit flow, but commercial bank branches still only cover 7% of rural sectors. Microfinance is an important approach, with self-help groups being a major model. Issues include regional imbalances, poor management, lack of support, and ensuring sustainability. Expanding reach through partnerships and technology, as well as financial literacy, are keys to further progress.
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The document summarizes microcredit and microfinance in Bangladesh. It discusses key differences like microcredit providing small loans while microfinance provides various financial services. Major microfinance institutions in Bangladesh are discussed like Grameen Bank, BRAC, and ASA, which dominate the sector. Benefits of microfinance like access to funds, women's empowerment, and job creation are outlined. Interest rates, target markets, and common credit products are also summarized.
Slideshow of the first microfinance102 class held by the San Diego Microfinance Alliance at UCSD. Presentation by Chuck Waterfield at Microfinance Transparency
1) NABARD Financial Services Limited aims to improve access to affordable and timely financial services for low-income groups through true financial inclusion.
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This document provides a list of standard Windows XP services along with their default status, description, and notes. It includes services related to networking, system events, file sharing, printing, security updates, and more. The list shows the service name, process, description, and whether each service is enabled by default or if notes provide reasons to disable it. This covers over 50 core Windows services that run in the background.
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SpN corporate PPt
1.
2. • Industry Overview and Spandana’s positioning
• Product Suite
• Key financial and operating metrics
• Investors, Bankers and Rating
• Key Strengths of Spandana
3. • Industry Overview and Spandana’s positioning
• Product Suite
• Key financial and operating metrics
• Investors, Bankers and Rating
• Key Strengths of Spandana
4. Industry • Retail financial services landscape in India is dotted by following key players –
Overview • Govt/ Public Sector: Banks, District Credit Cooperatives, Regional Rural Banks etc
• Private Sector: Indian Banks, Foreign Banks, Non-Banking Finance Companies, including
Microfinance Institutions (MFIs), Urban Coop Banks etc
• Unorganized players: Moneylenders, Pawn brokers etc.
• Microfinance is the provision of micro-credit and other financial services to low-income households
What is
Microfinance • Microfinance Institutions (MFIs) are the client servicing interface, working predominantly with women and
and MFI ? providing doorstep financial services
• Non-Banking Finance Companies/ Societies/ Trusts/ Coops are the dominant legal form of MFIs
• * Only 5% of habitations in India have a Commercial Bank branch, only 40% of population has savings
Large Unmet
Bank account – large gaps in financial inclusion exist
Demand
• Estimated demand of Microfinance is INR 333,000 crore (USD 74 billion) against which, only 10% has
been reached – including private sector MFIs and govt.’s SHG-Bank linkage programme
• Microfinance business model has now been well proven with over 2 decades of successful track record
Growth path • MFIs have shown an aggregated growth of over 100% year-on-year for the last 5 years
• Being a disaggregated industry, large players with sizeable operations and established track record of
scaling-up the loan portfolio, will continue to grow at a fast pace
* Size of Financial Exclusion: Dr. D Subbarao, Governor, Reserve Bank of India, June 2010
5. Large • Spandana is the 6th largest MFI in the world, and 2nd largest in India in terms of number of clients
scale • Started operations in 1998 at Guntur, Andhra Pradesh and steadily grew at a compounded annual growth
rate of about 100% since then – mainly due to high degree of customer connect
• Scale of operations*: 4.5 mn clients, about 12,000 on roll trained staff, over 1,600 branches in 12
States of India with Asset Under Management (AUM) of about Rs.4,000 crore (USD 0.9 Bn)
• Process Efficiencies resulting in operating expense ratio at sub 6% level against the industry avg of ~12%
Leader in
operational • Good portfolio quality with a cumulative repayment rate of 99.9% shows that the business model has
efficiencies shown its robustness over the last 10 years
• Staff productivity at over 400 clients per staff against an industry average of 252**
• Strong management team lead by a dynamic leader, founder and Promoter Mrs. Padmaja Reddy
Proven track
record • Disbursed over Rs.13.7 thousand crore (USD 3 Bn) cumulatively since inception
• Most profitable MFI with highest Return on Assets (7%+ against an industry average of 3.5%)
• Optimum Capitalization also ensures one of highest Returns on Equity, presently at 50%+ levels
Rating/ • ***CRISIL MFI grading: mfR1 (highest rating grade; first MFI to achieve this distinction)
Grading • CRISIL Rating of debt and bank facilities: A-/Stable/P1’ (best in the industry)
Sustained • New products under pilots and testing are under scale-up
growth model • States where operations started in last 2 ys are ready for scale-up, many new potential states available
• Over 42 Banking relationships across Public / Private/ Foreign Banks
* as on June 30, 2010 ** M-CRIL Analytics, 2009 ***CRISIL: India's leading Ratings, Research, Risk and Policy Advisory company (www.crisil.com)
6. • Industry Overview and Spandana’s positioning
• Product Suite
• Key financial and operating metrics
• Investors, Bankers and Rating
• Key Strengths of Spandana
7. Emergency Agri Family Individual Farm Equipment
General Loan loan Group Loan Loan Loan Loan
Product Suite (Abhilasha) (Samruddhi) (Pragathi) (Dharani) (Sphoorty) (Karshak)
Nature of
Group Group Group Group Individual Individual
Loan
For income For emergency For income For small For purchase of
Purpose of For agriculture and
generation cash flow generating business farm equipments
Loan allied activities
activities needs activities activities such as tractors
Wage labourers Low-income
Small and Farmers and
(both skilled clients with
Small and micro young
Typical and unskilled) Existing slightly better
marginal farmers entrepreneurs entrepreneurs with
Customer formed in a customers well being than
and tenant farmers with co-obligant hypothecation of
group of 10 Abhilasha
guarantee vehicle
women customers
Rs 2,000 to Rs 2,000 to Rs 15,000 to Rs Rs 5,000 to Rs Rs 21,000 to Rs 50,000 to Rs
Loan Size Rs 20,000 Rs 10,000 25,000 30,000 Rs 200,000 350,000
12 to 24
Loan Tenor 50 weeks 50 weeks 12 to 24 months 11 months 3 years
months
Interest monthly;
Repayment weekly equated weekly equated monthly equated
principal semi- Monthly Monthly
Terms installments installments installments
annually
Loans are serviced at the customer locations (slums/ villages) with complete transparency – disclosure of all terms
of loan, no hidden charges in the name of value added services
8. • Industry Overview and Spandana’s positioning
• Product Suite
• Key financial and operating metrics
• Investors, Bankers and Rating
• Key Strengths of Spandana
9. Particulars Mar-07 Mar-08 Mar-09 Mar-10
Branches
No. of Branches 295 435 944 1,533
% Growth 47% 117% 62% 88%
p.a.
No. of Employees 1,911 3,024 6,373 10,428
% Growth 58% 111% 64%
No. of Clients (mn) 0.97 1.24 2.5 4.2
% Growth 28% 105% 64%
No. of Borrowers (mn) 0.92 1.19 2.4 3.7
% Growth 30% 104% 52% Gross loan Portfolio
Cum. loan disbursed (Rs mn) 17,833 29,756 59,959 119,758 (Rs. mn)
% Growth 67% 102% 100% 120%
p.a.
Gross Loan Portfolio (Rs mn) 3,916 7,313 18,683 35,567
% Growth 87% 151% 90%
Total Income (Rs mn) 608 1,339 3,556 7,241
% Growth 120% 166% 104%
Profit after Tax (Rs mn) 26 271 903 2,035
% Growth 942% 233% 125% Profit after Tax
(Rs. mn)
175%
p.a.
• Sustained growth in all operating and financial metrices
• Spandana is the first MFI to cross PAT of Rs.200 cr (USD 45 mn)
10. 1998 2004 2005 2006 2007 2008 2009 2010
Guntur, Growth across Orissa, Maharashtra, Rajasthan,
Andhra Pradesh Karnataka Tamil Nadu Jharkhand Gujarat
Andhra Pradesh Chhattisgarh Madhya Pradesh
• Registered as • Transformation • Annual • Pilot launch of • First round of PE • Second round of • Reached 3mn • Reached 3.7
a society to a non-deposit disbursement Agri Family infusion by JM PE infusion by borrowers in mn borrowers
under taking NBFC crossed Rs 1Bn Loan Financial and Lok Valiant Capital August in March
Societies Capital Partners
• Reached 0.1 • Pioneered portfolio • Became
Registration
MM borrowers sale in the industry • Pilot launch of Farm • Reached 1mn largest
Act, 1860
Equipment Loan borrowers player
• Received • CRISIL rating
across all
CRISIL rating of upgraded to mf2 • Annual
distt. of AP
mf3 disbursement
crossed INR
10Bn
New Product Pilot and Testing
Registered Planned new state
Post entries
as a Society Conversion to Post External
NBFC Equity Funding
2 Yr CAGR in 3 Yr CAGR in
Loan Book: Loan Book:
28% 109%
13 34 110 916 1,189 2,432 3,703
4
386 722
Number of Borrowers ('000s)
11. Karnataka – Entry in FY05 Tamil Nadu – Entry in FY06
• In every new state that Gross Loan Portfolio (Rs MM) Gross Loan Portfolio (Rs MM)
Spandana enters, within 4 Yr CAGR (07-10) : 74% 5,130 4 Yr CAGR (07-10) : 166%
a few years, contiguous 3,000
growth strategy helps in
rapid scale-up
1,970
1,280
• Despite the growth, the 560 550
Company has been able 60 180
to maintain its asset
quality Sep-07 Mar-08 Sep-08 Mar-10 Sep-07 Mar-08 Sep-08 Mar-10
Maharashtra – Entry in FY07 Orissa – Entry in FY07
• The Company has Gross Loan Portfolio (Rs MM) Gross Loan Portfolio (Rs MM)
successfully increased 4 Yr CAGR (07-10) : 144% 2,842 4 Yr CAGR (07-10) : 231%
2,390
its geographical
presence from only 3
states in March 2007 to
12 states in 2010 710 760
80 190 230
20
Sep-07 Mar-08 Sep-08 Mar-10 Sep-07 Mar-08 Sep-08 Mar-10
13. All figures in INR million
• Annualized portfolio Return (APR) at
Profit & Loss Account FY 2007 FY 2008 FY 2009 FY 2010
26.5%. [against industry avg. of 28%]
Income
Income from Operations 469 1,133 3,424 7,004
• Operating expense ratio at 5.1%
Other Income 26 141 143 237
[against industry average of 12%]
Total Income 495 1,274 3,567 7,241
Expenditure
Financial expenses 148 417 1,182 2,210 • Provisions and write-offs include a 1%
Personnel expenses 143 233 587 1,144 standard asset charge – higher than
the RBI prescribed norms
Operating and other expenses 67 81 165 362
Depreciation 6 9 26 54
Provisions and write offs 89 75 187 360 • Return on Assets at 7%+ [against
Total Expenditure 453 815 2,147 4,130 industry average of 3.5%]
Profit before tax 43 459 1,420 3,111
Tax 16 189 517 1,075 • Return on Equity at 52% [highest in
Profit after tax 27 270 903 2,036 the industry]
Balance in P & L brought fwd - - 216 939
Amount available for appropriation 27 270 1,119 2,975
• Audited by one of the top-4 Audit firms
Transfer to statutory reserve 6 54 181 407
Balance carried to balance sheet 21 216 939 2,568
Earnings per share • 1USD = 46 INR (approx)
Basic and diluted - Rs.10/ share 3 29 80 152
14. All figures in INR million
Balance Sheet FY 2007 FY 2008 FY 2009 FY 2010
Sources of funds
Share Capital 86 434 134 135
Reserves and surplus 65 450 2,647 4,716
Shareholders' funds 151 884 2,781 4,851
Subordinated loan (unsecured loan) 195 200 185 -
Secured loans 2,751 4,726 14,761 21,944
Total 3,099 5,813 17,727 26,795
Application of Funds
Fixed assets 24 38 86 115
Investments 6 14 2,951 1
Deferred tax asset, net - - 37 95
Cash and bank balances 448 1,013 2,724 7,766
Loan portfolio (excluding assigned portfolio) 2,698 4,883 12,471 21,301
Other current assets 29 77 130 190
Current assets, loans and advances 3,175 5,973 15,325 29,257
Current liabilities 93 45 367 1,962
Provisions 14 167 304 712
Current liabilities and provisions 107 212 671 2,674
Net current assets 3,068 5,760 14,654 26,583
Total 3,099 5,813 17,727 26,795
15. • Industry Overview and Spandana’s positioning
• Product Suite
• Key financial and operating metrics
• Investors, Bankers and Rating
• Key Strengths of Spandana
16. Investors Bankers: Spandana focuses on
diversified fund sources so that
the cost of borrowing is reduced.
Spandana is supported by 48
Bankers and financial
institutions.
Some of the relationships are
over five year old –FWWB,
SIDBI, ICICI Bank, HDFC Bank
and ING Vyasya Bank
Public sector Banks have been
showing increasing interest is
taking exposure with us.
The major funding instruments are Term Loans, Portfolio
EPS: Rs.152 Sales (bilateral assignments and Securitisation), Capital
(Face Value Rs.10)
Markets (NCDs) and Money Market (CPs) products.
At different stages, institutional investors have joined
Highest rating & grading in the industry (by CRISIL) –
Spandana and contributed to its growth.
• Rating of debt & bank facilities ‘A-/Stable/P1’
As on March 31, 2010, Spandana has a paid-up Share
Capital of Rs.13.5 crore (USD 3 mn) • Grading of institutional ability: mfR1
17. • Ms. G Padmaja Reddy Founder, promoter and Managing Director of Spandana - She has been instrumental in building
Spandana into one of the leading MFIs famed for its scale, efficiency, productivity and profitability
• Dr. Rajiv Behari Lall CEO & MD of IDFC. He earlier worked as Partner at Warburg Pincus, as ED with Morgan Stanley, as a
Policy Advisor and Economist at the World Bank, ADB, and in academia.
• Mr. V.P. Shetty Executive Chairman of JM Financial Limited- Asset Reconstruction Company – earlier worked as GM-
Vijaya Bank, Chairman and MD-UCO Bank, Chairman & MD-Canara Bank, Chairman & MD with IDBI.
• Mr. Vikram S Rathore ED-SIDBI – over 30 years of experience in Commercial & Development Banking
• Ms. Supritha Shetty JGM-ICICI Bank - heads the Rural Risk, Policy and Compliance of ICICI Bank
• Dr. Venkateswara Reddy Cardiologist with a long standing experience in teaching Medicine
• Mr. Harinder Sawhney Executive Director of JM Financial's Private Equity Fund
• Dr. Bala Deepthi Practicing Doctor of Medicine – represents youth on the board of Spandana
• Ms. M. Asha Latha, Head of HR & Admin at Spandana - has earlier worked in Health Administration
• Mr. Vishal Mehta From Lok Capital – rich experience in fund raising, investments and portfolio strategy
18. • Industry Overview and Spandana’s positioning
• Product Suite
• Key financial and operating metrics
• Investors, Bankers and Rating
• Key Strengths of Spandana
19. Strong Management Team
Years of diversified experience
Significant Business Highly Efficient Employee
Growth Potential Workforce
Geographical and product Highest productivity per
expansion coupled with new employee; lowest operating cost
initiatives in the industry
Established Capability to
Exceptional Financial
Scale
Performance
From 3 to 12 states and portfolio
4-year PAT CAGR of 56%
growth of 369%, in two years
Streamlined and Efficient Diversified
Processes Product Offerings
High quality asset portfolio Continuous development of
(almost Zero Net NPAs) innovative products