Professional Documents
Culture Documents
With the growing influence of the middle class and ease of lending norms, there have been
many NBFC and MFI institutions that have come up in order to advance loans to the general
consumers as well as the business community. In order to ensure that these institutions function
well and thrive collectively, there are a number of NBFC and MFI associations that have been
LIST OF NBFCs
1 – FIDC
The association works towards framing a model of conduct for the finance industry. The
association seeks to ensure the strategic and healthy growth of NBFCs in India. It makes sure
that the participating members function effectively as a part of the financial system. The
association also serves to protect customers’ interest and to resolve grievances of the
members.
It held the Real Estate and Infra Investors’ summit 2018. It covered topics like current trends
and scenario in Indian Real Estate Investment, Integrated city development and cost financing
in affordable housing. This summit had featured exclusive opportunities for investors to
pre-schedule their private discussions with development partners. An aim of that event was to
improve the confidence level of lenders, investors and consumers by bringing in professional
and ethical practices. This summit had improved the focus on cross-border real estate
investment.
(India) is a non-profitable organization and was established with an intention to work for the
to conduct surveys on the working of Gold loan financing companies in other countries. It
3 – NBFC-P2P lending
This association is set up to promote the practice of alternate lending mechanisms in the
country via P2P lending. The association is established with the goal to make the NBFC-P2P
lending channel more credible and widespread across India. It also strives to build a unified
4 – DLAI
Digital Lenders Association of India was established in November 2016 with an aim to bring
digital lenders and its players under one roof which would help the ecosystem to grow and
flourish. DLAI is run by a management committee which is elected every year. Its main
objectives are to develop and support the digital lending industry. It has 9 founding members
The DLAI‘s Fintech Conference – Financial Inclusion 2.0 is India’s largest Fintech Conference
which was held at Taj Lands End. It included talks on various topics which ranged from how to
make flow based lending effective in India to How to build an effective Fintech company. It also
included talks on the current state of Indian Fintech landscape. They had a great networking
session for the attendees. They also have an upcoming event in December 2018 named
Kickstarting Start-Ups.
inclusion for all classes of people. It helps economically underprivileged communities to achieve
greater financial independence and build sustainable livelihoods. It works towards the robust
development of the microfinance sector, by promoting responsible lending, client protection, and
MFIN hosted MFIN Awards 2018 in recognition of excellence in the microfinance and
small-scale lending sector. The event was attended by different institutions like NFBCs, Fintech
& telecoms, banks, clean energy. They also had two day SRO workshop on “Self-Regulation
and Compliance” in 2017. MFIN had the second edition of Associates Round Table in 2017.
Sa-Dhan the Association of Community Development Finance Institution was founded in 1998.
to help its members and associated institutions to better serve the low-income households. This
would especially cover women in rural and urban India for establishing a stable livelihood and
The Sa-Dhan National Conference was held on 19th & 20th September 2018 in New Delhi. The
theme for the conference was “propelling the growth of the Informal Sector through
Microfinance.” It provided a unique platform for information sharing, dialogue & deliberation
around financial inclusion. The conference saw eminent speakers from the Government, RBI
The Association of Karnataka MFI’s was established in 2007. Its main focus is to bring better
transparency and governance, client protection and ethical practices among the MFIs. It has 27
MFI members as on 31st March 2017. AKMI is registered under society Act 1960. The core
values of this association are Integrity, Fair Practices, Transparency and Quality of Services.
The Banking with the Poor Network is Asia’s microfinance network of organisations established
in 1990. The main objective of BWTP is to improve the quality of life of the poor through
promoting and facilitating their access to sustainable financial services. They fulfil this mission
BWTP hosted an event – the Mekong Inclusive Growth Forum in October 2018. It was an
initiative of FDC, BWTP and APEC Business Advisory Council, in partnership with ADA,
GMSR-BC and the Fiscal Policy Office of Thailand’s Ministry of Finance. The main objectives for
the event were to identify knowledge gaps and to increase levels of understating among
together a framework in place for coordinating and enabling regional dialogue between the
participating MFIs. These members together cater to the business needs of 60 million clients
The SAMN has organized the 2018 edition of the South Asian Regional Micro Finance
Conference. The event was graced by 150 foreign delegates and 150 local delegates. It also
saw 70 renowned speakers from South Asia, Europe, and USA. Before this, it had concluded
the 2014 and 2016 edition of the conferences too in the past.
6 – ACCION Network
ACCION promotes financial inclusion at all levels. Their aim to let the financial deserving get a
chance to have a sustainable livelihood. They perform various functions like advisory services
(combining tech with MFI frameworks), investment (in companies that drive microfinance to
reach more number of deserving candidates), partnership (to develop new markets for
It will be holding the Inclusive Finance India summit on 11 and 12th December 2018 at New
Delhi. The board areas to be covered include modern day issues around financial inclusion,
The ICMF is a national level network created to coordinate activities in the field of microfinance.
All participants from governmental, non-governments, banks, donor agencies and research
agencies come together with one aim – to alleviate poverty with the use of microfinance to help
poor people get access to credit. It takes steps to eliminate obstacles that come in the way of
owners. 11 members make up the association and work collectively towards collating and
disseminating information and best practices that are framed within the regulatory framework
and the association’s targets to improve penetration of microfinance into the rural parts of the
nation. This way grass root level organizations can comprehend the importance of microfinance
INAFI supports the endeavours of microfinance companies operating in Asia, Latin America,
Africa, and Eastern Europe. It has 150 member organizations spanning four continents. All
members are in the microfinance domain – i.e. providing financial services to the poor. It
promotes self-regulated and affordable microfinance to the poor so that they can get access to
credit for earning the livelihood. INAFI members’ common mission is to make a contribution
towards the elimination of poverty. It aims to do this by granting efficient credit, savings and