Bharat
Ashish is the Chief Business Officer at Bharat Financial Inclusion Ltd. (BFIL), a 100% subsidiary of IndusInd Bank. With over 15 years of experience, Ashish brings with him a rich and diverse experience that helps in driving the growth of the company. His expertise range from scaling-up businesses at BFIL, handling investor relations, strategic planning, fundraising (IPOS, QIPS), corporate planning, and cross-functional team leadership.
He is instrumental in starting the MSME vertical in BFIL, which includes offering current accounts, deposit products, and lending to small retailers (Bharat Super Shop Program).
Prior to BFIL, he was associated with Motilal Oswal Financial Services Ltd and Grasim Industries. He holds a Post Graduate Diploma in Management and has completed level three of CFA.
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Bharat
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Bharat Financial Inclusion Limited, formerly SKS Microfinance Limited, is a non-banking financial company-micro finance institution (NBFC-MFI). The Company is engaged in providing micro finance services to women in the rural areas of India enrolled as members and organized as Joint Liability Groups. In addition to its business of providing micro-credit, the Company uses its distribution channel to provide other financial products and services to the members. Programs in this regard primarily relate to providing of loans to the members for the purchase of mobile handsets, solar lamps, bicycle and sewing machines, among others. The Company provides door step delivery of its services through center meetings in villages. The Company offers loans mainly for income generating activities and not for personal consumption. The Company has presence across approximately 20 states, covering over 100, 000 villages and catering to approximately 69.7 lakh women members.