INCLUSIVE FINANCE INDIA AWARDS

The Inclusive Finance India Awards is an initiative of ACCESS institutionalized in 2009, in partnership with HSBC India. The Inclusive Finance India Awards initiative aims to celebrate & encourage deserving institutions to continue to enhance outreach to the poor by way of motivating management and staff through recognition to their painstaking efforts and enhancing credibility of the institution thereby making it more attractive for funding. The Inclusive Finance India Awards instituted to recognize the larger contribution of thought leaders, practitioners, policy makers, promoters and researchers to the sector. Inclusive Finance India Awards constantly realigns itself to bring different models and institutions contributing to the goal of financial inclusion under one umbrella. The award categories are constantly aligned to the shift & changes, as the financial inclusion evolves, with new categories added and sometimes dropped. The prestige of the Inclusive Finance India Awards is also enhanced by the layers of scrutiny and screening which the nominations are subjected to.

Categories and Guidelines

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Maximum of Microfinance* Gross Loan Portfolio of INR 249.99 crores, as per March 2024 Audited Financial Report.
  • Minimum 2 completed financial years of microfinance operations.

*A microfinance loan is defined as a collateral-free loan given to a household having annual household income up to ₹3,00,000

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava|Secretariat – Inclusive Finance India Awards| +91 8839904388 | akash@accessdev.org

Satyan Kumar|Secretariat – Inclusive Finance India Awards| +91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Minimum of Microfinance* Gross Loan Portfolio of INR 250 crores as per March 2024 Audited Financial Report.
  • Minimum 2 completed financial years of microfinance operations.

*A microfinance loan is defined as a collateral-free loan given to a household having annual household income up to ₹3,00,000

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards | +91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards |+91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Entity that leverages technology to offer innovative financial services and solutions.
  • Minimum 2 completed financial years of operations.

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards | +91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards | +91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Maximum Affordable Housing Finance Loan ticket size is not more than INR 25 lakhs.
  • Minimum 2 completed financial years of operations.

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards | +91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards | +91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Maximum Enterprise Loan ticket size is not more than INR 10 lakhs.
  • Minimum 2 completed financial years of operations.

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards | +91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards | +91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Entity involved in the Impact Investment/Institutional investment domain can participate. The assessment will be done based on green initiatives* supported by the entity.
  • Minimum two completed financial years of operations.

*Green Initiatives that will be considered:

  • Natural catastrophe insurance (insurance against floods, storms, and extreme heat)
  • Recycling and waste management (Loans for biodigesters)
  • Solar Pump Loans
  • Distributed renewable energy (Loans for rooftop solar for residential and MSME sectors)
  • Electric mobility (loans for electric three and two-wheelers)
  • Climate-smart agriculture (Regenerative agriculture, livestock, solar pumps, etc.)
  • Energy efficiency (Loans for installing energy-efficient equipment by MSMEs)

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards |+91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards  |+91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Entities involved in providing loans for Agri and Agri-allied* activities.
  • Minimum two completed financial years of operations.

*Agri and Agri-allied activities that will be considered:

  • Crop Loan/ Pre and Post-harvest activities/Horticulture/Floriculture
  • Farm Mechanization/Equipment Loans
  • Livestock/Dairy/Fishery/Poultry/Bee-keeping/Sericulture
  • Loans against hypothecation of agricultural produce (including warehouse receipts Loans)
  • Agriculture Infrastructure/Soil Conservation/Storage Facilities/Godowns
  • Others

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards | +91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards | +91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Eligibility

  • Any legal entity (Sec 8 Company, Society, Trust, NBFC, NBFC-MFI, SFB, Bank, Private Company, Any legal entity).
  • Entities involved in providing loans for WASH* (Water, Sanitation and Hygiene) activities.
  • Minimum two completed financial years of operations.

* WASH activities that will be considered:

  • Sanitation systems/facilities constructed-New
  • Sanitation systems/facilities- Refurbished/Upgraded
  • Hygiene (bathroom, handwashing) facilities new/refurbished
  • Water connections or storage facilities
  • Others

Mandatory Documents

  • Completed Nomination Form.
  • Any attachment/supporting documents as part of the completed Nomination Form.
  • Audited Financial Statements of financial years 2022-23 and 2023-24, if available.

Last Date to Apply

September 20, 2024

Please direct queries to:

Akash Shrivastava | Secretariat – Inclusive Finance India Awards |+91 8839904388 | akash@accessdev.org

Satyan Kumar | Secretariat – Inclusive Finance India Awards | +91 8477902287 | satyan@accessdev.org

ACCESS Development Services, 22, Hauz Khas Village, New Delhi – 110016. Phone: +91 11 49050255

Grand Jury

Hitendra DaveHitendra Dave
Hitendra Dave
Hitendra DaveCEO, HSBC India
N S VishwanathanN S Vishwanathan
N S Vishwanathan
N S VishwanathanFormer Deputy Governor, Reserve Bank of India
Rohit Karan SawhneyRohit Karan Sawhney
Rohit Karan Sawhney
Rohit Karan SawhneyMD & CEO, India Ratings & Research
Narasimhan SrinivasanNarasimhan Srinivasan
Narasimhan Srinivasan
Narasimhan SrinivasanSector Expert
Tamal BandyopadhyayTamal Bandyopadhyay
Tamal Bandyopadhyay
Tamal BandyopadhyayConsulting Editor, Business Standard
Maya VengurlekarMaya Vengurlekar
Maya Vengurlekar
Maya VengurlekarCEO, CRISIL Foundation
Sanjeet DawarSanjeet Dawar
Sanjeet Dawar
Sanjeet DawarMD & CEO, CRIF High Mark
Vinay M. TonseVinay M. Tonse
Vinay M. Tonse
Vinay M. TonseManaging Director, State Bank of India
Veena MankarVeena Mankar
Veena Mankar
Veena MankarFounder and Board of Director, Swadhaar FinAccess
Harjinder KangHarjinder Kang
Harjinder Kang
Harjinder KangHis Majesty’s Trade Commissioner for South Asia and the British Deputy High Commissioner for Western India
Srinivas NagarajanSrinivas Nagarajan
Srinivas Nagarajan
Srinivas NagarajanMD and Head of Asia
British International Investments
Alkesh WadhwaniAlkesh Wadhwani
Alkesh Wadhwani
Alkesh WadhwaniDirector Poverty Alleviation, India Country Office, Bill & Melinda Gates Foundation

PAST WINNERS

Category

WINNERS

PHOTOS

Micro Finance Organisation of the Year
(Large)

CreditAccess Grameen Limited

Micro Finance Organisation of the Year (Medium)

Sanghamithra Rural Financial Services

Vijayalakshmi Das Award for Small and Emerging Microfinance Organization

WeGrow Financial Services Private Limited

Inclusive Enterprise Lending by Non-Banking Finance Company

Aye Finance Private Limited

Fintech for Financial Inclusion

Vitto

Affordable Housing Finance Company of the Year

India Shelter Finance Corporation Limited

Breaking Ground in WASH Financing

Dvara Kshetriya Gramin Financial Services

Contribution to the Sector by an Enabling Institution

National Rural Livelihood Mission (NRLM)

Lifetime Contribution to the Sector by an Individual

Kalpanaa Sankar, Managing Director, Belstar Microfinance Limited

Priority Sector Lending by Bank (Public Sector)

Canara Bank

Priority Sector Lending by Bank (Private Sector)

 Bandhan Bank

Jury Special Award for Lifetime Contribution to Advancing Financial Inclusion

Natarajan Chandrasekaran, Chairman, Tata Sons

Category

WINNERS

PHOTOS

Microfinance Organization (Large)

Fusion Microfinance Ltd.

Microfinance Organisation of the Year (Medium)

Sinduja Microcredit Pvt Ltd.

Vijayalakshmi Das Award for Small and Emerging Microfinance Organisation

Grameen Shakti Microfinance Services Pvt Ltd.

Breaking Ground in WASH Financing

CreditAccess Grameen Ltd.

Fintech Innovation for Financial Inclusion

Avanti Finance Pvt Ltd.

Financial Inclusion by Small Finance Bank

ESAF Small Finance Bank

Inclusive Enterprise Lending by Non-Banking Finance Company

Veritas Finance Pvt Ltd.

Affordable Housing Finance by Housing Finance Company

Vastu Housing Finance Corporation Ltd.

Priority Sector Lending by Banks (Private)

Axis Bank

Priority Sector Lending by Banks (Public)

Canara Bank

Category

WINNERS

PHOTOS

Microfinance Organization (Large)

Svatantra Microfin Pvt. Ltd

Vijayalakshmi Das Award for Small & Emerging MFO

Annapurna Mahila Co-Op Credit Society Ltd.

Fintech for Financial Inclusion

DVARA E-Registry Pvt. Ltd.

Priority Sector Lending by Banks

Canara Bank

Breaking Ground in WASH Financing

IDFC First Bank

Contribution by an Enabling Institution

Bill & Melinda Gates Foundation

Contribution by an Individual

Mr. Vineet Rai, Founder, Aavishkar Group

Jury Special Award

National Payments Corporation of India

Non Banking Finance Company Lending To Micro And Small Enterprises

Kinara Bank

Best Performing Regional Rural Banks

Andhra Pradesh Grameena Vikas Bank

CATEGORY

WINNER

PHOTOS

Microfinance Organization (Large)

CreditAccess Grameen Ltd

Vijaylakshmi Das Award for Small & Emerging MFO (up to INR 99 crore portfolio)

YVU Financial Services Ltd

Technology for Financial Inclusion

Dvara KGFS

Affordable Housing Finance

India Shelter Finance Corporation

Small Finance Bank for Achieving Financial Inclusion

Ujjivan Small Finance Bank

NBFC Lending to Micro & Small Enterprises

MAS Financial Services

Priority Sector Lending by Banks

Canara Bank

Breaking Ground in WASH Financing

Cashpor Micro Credit

Contribution by an Enabling Institution

Sa-Dhan

Contribution by an Individual

Jayshree Vyas, Managing Director, SEWA Bank

Jury Special Award

Gary White, CEO & Co-founder, Water.org & WaterEquity

CATEGORY

WINNER

PHOTOS

Jury Special Award

C. Rangarajan

Invnovation and Inclusive in Prority Sector Lending

HDFC Bank

Fintech Invnovation in Financial Inclusion

Nearby Technologies Private Limited

Microfinance Organization of the Year

CreditAccess Grameen Limited

Non-Banking Finance Company lending to Micro and Small Enterprise

Aye Finance Private Limited

Housing Finance Company Lending for Affordable Housing

Shubham Housing Development Finance Company Limited

Contribution to Advancing Financial Inclusion in India by an Individual

Samit Ghosh, Founder, Ujjivan Financial Services Limited

Contribution to Advancing Financial Inclusion in India by an Enabling Institution

Stichting Rabo Foundation

CATEGORY

WINNER

PHOTOS

Non-Banking Finance Company Lending to Micro and Small Enterprises

Vistaar Financial Services Private Limited

Microfinance Organization of the Year

Arohan Financial Services Limited

Innovation and Inclusiveness in Priority Sector Lending by a Bank

HDFC Bank

Innovation and Inclusiveness in Priority Sector Lending by a Bank

Bank of Baroda

Contribution to Advancing Financial Inclusion in India by an Enabling Institution

North Eastern Development Finance Corporation Limited

Contribution to Advancing Financial Inclusion in India by an Individual

Chetna Gala Sinha

Jury Special Award

Muhammad Yunus

CATEGORY

WINNER

Contribution to Advancing Financial Inclusion in India by an Individual Lifetime Achievement Award

Dr. Y V Reddy

Microfinance Organisation of the Year 2017 (Large)

Bharat Financial Inclusion Limited (BFIL)

Contribution to Advancing Financial Inclusion in India by an Enabling Institution

Shri Mahila Sewa Sahkari Bank LTD

Self Help Group Promoting Institution of the Year 2017 (Small & Medium)

Jhargram Aranya Sudari Mahila Mahasangha

Self Help Group Promoting Institution of the Year 2017 (Large)

Chaitanya

Microfinance Organisation of the Year 2017 (Small & Medium)

Sambandh Finserve Private Limited

Jury Special Award

Dr. Veerendra Heggade President, Shri Kshethra Dharmasthala Rural Development Project

CATEGORY

WINNER

Microfinance Organisation of the Year 2016 (Large)

ESAF Microfinance & Investments (P) Ltd.

Microfinance Organisation of the Year 2016 (Small & Medium)

Belstar Investment and Finance Private Limited

Self Help Group Promoting Institution of the Year 2016 (Large)

Lupin Human Welfare & Research Foundation

Self Help Group Promoting Institution of the Year 2015 (Small)

Tamluk Block Mahila Bikash Cooperative Credit Society, West Bengal

Best Performance by a Regional Rural Bank in SHG lending

Paschin Banga Gramin Bank

Contribution to the Sector by Enabling Institution

Ananya Finance for Inclusive Growth Pvt. Ltd.

Jury Special Award

Department for International Development, Govt. of U.K.

Contribution to the Sector by an Individual-Lifetime Achievement Award

Nandan Nilekani

CATEGORY

WINNER

Microfinance Organisation of the Year 2015 (Large)

Grameen Koota Financial Services

Microfinance Organisation of the Year 2015 (Small & Medium)

Rashtriya Grameen Vikas Nidhi (RGVN)

Self Help Group Promoting Institution of the Year 2015 (Large)

Gramin Mahila Vikas Sansthan

Self Help Group Promoting Institution of the Year 2015 (Small)

Animate Society

Microfinance India Business Correspondent Manager of the Year 2015

Society for Advancement of Village Economy

Contribution to the Sector by Enabling Institution

Small Industries Development Bank of India (SIDBI)

Microfinance India Contribution to the Sector by an Individual

Mr. Chandra Shekhar Ghosh, CMD, Bandhan Bank

CATEGORY

WINNER

Microfinance Organisation of the Year 2014 (Large)

S K S Microfinance Ltd.

Microfinance Organisation of the Year 2014 (Small)

Fusion Microfinance Pvt. Ltd

Self Help Group Promoting Institution of the Year 2014

Hand in Hand

Community Owned Microfinance Organisation of the Year 2014

Annapurna Mahila Coop Credit Society pvt Ltd.

Microfinance India Business Correspondent Manager of the Year 2014

Society for Advancement of Village Economy

Microfinance India Contribution to the Sector by an Enabling Institution

National Bank of Agriculture and Rural Development (NABARD)

Microfinance India Contribution to the Sector by an Individual

Mr. N K Maini, DMD, SIDBI

CATEGORY

WINNER

Microfinance Organisation of the Year 2013 (Large)

Janalakshmi Financial Services Ltd.

Microfinance Organisation of the Year 2013 (Medium)

Sanghamithra Rural Financial Services Limited

Microfinance Organisation of the Year 2013 (Small & Emerging)

Sahyog Microfinance Limited

Self Help Group Promoting Institution of the Year 2013

PRADAN

Contribution to the Sector by an Enabling Institution

Micro Credit Ratings International Limited (M-Cril)

Contribution to the Sector by an Individual

Mr. Brij Mohan

Microfinance India Jury’s Special Award

Prof. Malcolm Harper

CATEGORY

WINNER

Microfinance Organisation of the Year (Large)

Cashpor Micro Credit

Microfinance Organisation of the Year (Small)

Utkarsh Microfinance Private Limited

Contribution to the Sector by an Enabling Institution

Microsave

Contribution to the Sector by an Individual

Mr. Rajendra Mohan Malla

CATEGORY

WINNER

Microfinance Organisation of the Year (Large)

Ujjivan Financial Services Pvt. Ltd

Microfinance Organisation of the Year (Small & Medium)

Sanghamithra Rural Financial Services

Microfinance India Contribution to the Sector by an Enabling Institution

Centre For Micro finance (Institute for Financial Management and research)

Microfinance India Contribution to the Sector by an Individual

Prof. David Gibbons

Microfinance India Jury’s Special Award

Mr. Y. C. Nanda

CATEGORY

WINNER

Microfinance Organisation of the Year (Large)

Shri Kshetra Dharmasthala Rural Development Project (SKDRDP)

Microfinance Organisation of the Year (Small & Medium)

Arohan Financial Services Pvt. Ltd.

Microfinance India Contribution to the Sector by an Enabling Institution

Friends of Women’s World Banking (FWWB) India

Microfinance India Contribution to the Sector by an Individual

Mr. Aloysius P. Fernandez

Microfinance India Jury’s Special Award

Ms. Elaben Bhatt

CATEGORY

WINNER

Microfinance Organization of the Year

Bandhan Financial Service Pvt. Ltd.

Microfinance Contribution to the Sector by an Individual

Mr. Vijay Mahajan

Microfinance India Jury’s Special Award

Late Mr. Sitaram Rao