Introduction

India has emerged as the fastest growing economy of the world supported by a robust financial system that is largely instrumental in this achievement. Last mile financial inclusion has emerged as a key indicator for measuring the growth of economic progress. Banks, non-banking financial companies, micro finance institutions and other institutions involved in similar activities are collectively playing the role of a catalyst in this journey.

Thus, it becomes imperative to recognize the role of the financial intermediaries such as you, especially the ones that are involved in financial inclusive development on a national platform. The objective of this initiative is two- fold - to acknowledge your exemplary performance and secondly to share your achievements that will inspire others to emulate your success for national prosperity.

In this context, it gives us great pleasure to inform you that MFIN is instituting its inaugural edition of ‘MFIN Microfinance Awards 2018’ in association with Dun & Bradstreet as the knowledge partner.

Award Categories

MFIN Microfinance Awards 2018 comprise a total of 13 awards -

In addition to the above awards, there are three felicitation awards.

Methodology

Dun & Bradstreet will shortlist companies basis the quantitative and qualitative information furnished by the companies. The information will be collated from the completed nomination forms, financial statements and other literature given by the company. The final set of award winners will be chosen from the shortlisted entries by an eminent jury consisting of industry experts, based on a combination of quantitative and qualitative information.

The esteemed panel of jury members as recommended by D&B included:

  • Mr. Uma Shankar Palliwal – Former Executive Director RBI
  • Mr. Mohan V. Tanksale – Former Chairman of Indian Banking Association
  • Mr. Bhaskar Sen – Former CMD United Bank of India
  • Mr. N. Srinivasan – Former CGM NABARD

Eligibility Criteria and Key Instructions

  • Eligibility Criteria: The nominations are exclusively open for MFIN members, associates and affiliates.
  • Mandatory Documents: Kindly send the completed nomination form along with the standalone Annual Reports/Audited Financial Results and schedules for FY15, FY16 and FY17. For companies with year-end other than March 31 may send their latest standalone financial statements. Financial statements (Standalone), along with the banker’s confidential report, are mandatory for the purpose of participation.
  • Additional Literature: Companies are also encouraged to share additional information in their various areas of excellence through client testimonials, credit rating report, presentations and other awards received as part of the business etc. that would lend more credibility to their nomination.
  • Information: To be provided pertaining to the micro finance business only .
  • Confidentiality: Information shared by the companies will be kept confidential and used only for the purpose of MFIN Microfinance Awards 2018.
  • Deadline: Last date for receiving completed nominations along with FY16 and FY17 standalone financial statements is 12th April 2018.

Key Instructions

  • Section A – General Information (Mandatory).
  • Section B – (Banks can choose multiple award categories for nomination and fill the respective annexure/s accordingly).
  • Section C – Declaration (Mandatory).

Nomination Form

You being a key stakeholder of the microfinance ecosystem, it is our privilege to invite your nomination for the awards.

Kindly download the nomination form –

NBFC-MFIs

Non-banking financial company - Microfinance institutions

SCBs/SFBs

Scheduled Commercial Banks and Small Finance Banks

Kindly send the completed nomination forms along with the FY16 and FY17 financial documents to –

Yogesh Jambhale: jambhaley@dnb.com (022-66801348)
Omesh Kandalkar: kandalkaro@dnb.com (022-66801346)

Dun & Bradstreet Information Services India Pvt. Ltd.
ICC Chambers II,2nd Floor
Near Saki Vihar Telephone Exchange,
Saki Vihar Road, Powai
Mumbai - 400072

Our Sponsors

MFIN over the years through its past editions of the Annual events has brought together various practitioners and policy makers to brainstorm policy issues and exchange best practices. This has been made possible through various associations with organisations that have contributed towards the financial inclusion dialogue. This includes a gamut of stakeholders such as Banks, Fin-tech companies, insurance agencies, clean energy companies. This year too we look forward to partnering with some of these agencies.

Primary Sponsor

Sponsors