MFIN Awards 2018

MFIN Awards 2018: In Pursuit of Excellence! - 24th May, 2018 – New Delhi

MFIN hosted the country’s first bespoke microfinance awards MFIN Microfinance Awards 2018 – In Pursuit of Excellence” in New Delhi on the 24th of May 2018. The event brought together microfinance practitioners in the country including NBFC-MFIs, SFB’s and Banks under one roof. MFIN in the past has organised two successful International Annual events and the Awards was the third in the series. The Awards is a recognition for entities in the microfinance space for their commitment in promoting good governance and client centric practices.
The Awards was inaugurated by the Honourable Minister of Micro, Small & Medium Enterprises Shri. Giriraj Singh and the special address was given by Mr. K.Venkateswara Rao, Chief General Manager, NABARD.

The event was graced by 280 guests from different institutions like NBFCs, NBFC-MFIs, fintech & telecos,clean energy,insurance,payment banks, banks, credit bureaus, banking correspondents etc.



Picture: Collage of MFIN Awards 2018

The award categories are as below:

NBFCs – MFIs and Small Finance Banks. Scheduled Commercial Banks

  • Risk and Resilience Framework
  • Microfinance Plus Activities
  • Effective Grievance Redressal Systems
  • Customer Literacy and Capacity Building
  • Positive External Image Building

The list of winners are as follows:

  • Risk and Resilience Framework
    NBFC-MFI - Arohan Financial Services Private Limited
    Banking - Bandhan Bank
  • Microfinance Plus Activities
    NBFC-MFI - Muthoot Microfin Ltd
    Banking - Bandhan Bank
  • Effective Grievance Redressal Systems
    NBFC-MFI - Bharat Financial Inclusion Limited
    Banking - Utkarsh Small Finance Bank Limited
  • Customer Literacy and Capacity Building
    NBFC-MFI - Fusion Microfinance Pvt Ltd
    Banking - Fincare Small Finance Bank
  • Positive External Image Building
    NBFC-MFI - Satya MicroCapital Ltd.
    Banking - ESAF Small Finance Bank

We also took the opportunity to honour Mr. Vijay Mahajan for his pioneering contribution to the microfinance industry and Mr. Samit Ghosh for his multifaceted contribution to the sector.

DHFL Pramerica Life Insurance Company Ltd. was felicitated as an enabler to the microfinance industry for its insurance services.