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.
INCLUSIVE FINANCE INDIA AWARDS
Categories and Guidelines
Eligibility
LARGE MFO
- Minimum of Gross Loan portfolio above INR 1000 Crores as per March 2023 Audited Financials.
- Minimum three completed financial years of microfinance operations
MEDIUM MFO
- Minimum of Gross Loan portfolio INR 200 – 1000 Crores as per March 2023 Audited Financials.
- Minimum three completed financial years of microfinance operations.
Mandatory Documents
- Nomination Form
- Audited Financial Statements of financial years 2022-23, 2021-22, 2020-21
Last Date to Apply
CLOSED
Please direct queries to:
Akash | Secretariat – Inclusive Finance India Awards ACCESS Development Services 22, Hauz Khas Village,New Delhi – 110016. Phone: +91 11 49050255 || +91 7426970622 akash@accessdev.org, aastha@accessdev.org
Special Awards Affiliate:
Eligibility
- Legal Entities lending in Microfinance- Sec 25/ Sec 8 Company/ NBFC-MFI/ Society/ Trust
- Minimum Gross Loan Portfolio of INR 10 Cr. and Maximum Portfolio of INR 199 Cr. as per March 2023 Audited financials.
- Minimum 2 years of Microfinance Operations
Mandatory Documents
- Nomination form
- Audited Financial Statements of financial years 2022-23, 2021-22, 2020-21
Last Date to Apply
CLOSED
Please direct queries to:
Akash | Secretariat – Inclusive Finance India Awards ACCESS Development Services 22, Hauz Khas Village,New Delhi – 110016. Phone: +91 11 49050255 || +91 7426970622 akash@accessdev.org, aastha@accessdev.org
Eligibility
- NBFCs registered as Housing Finance Company (HFC) with the National Housing Bank (NHB)
- Have part of the housing loan portfolio in the affordable housing segment (ticket size less INR 20 lakhs)
Mandatory Documents
- Nomination form
- Audited Financial Statements of financial years 2022-23, 2021-22, 2020-21
- Rating Rationale from latest credit rating report along with month and year of rating
Last Date to Apply
CLOSED
Please direct queries to:
Akash Secretariat – Inclusive Finance India Awards ACCESS Development Services 22, Hauz Khas Village,New Delhi – 110016. Phone: +91 11 49050255 || +91 7426970622 akash@accessdev.org, aastha@accessdev.org
Technical Partner
Eligibility
- Banks Public /Private Sector Banks, NBFCs (Asset Finance, Loan Companies ) , MFIs lending in WASH
Mandatory Documents
- Nomination form
- Audited Financial Statements of financial years 2022-23, 2021-22, 2020-21
- Audited Financial Statements of 2023 if available
Last Date to Apply
CLOSED
Please direct queries to:
Akash Secretariat – Inclusive Finance India Awards ACCESS Development Services 22, Hauz Khas Village,New Delhi – 110016. Phone: +91 11 49050255 || +91 7426970622 akash@accessdev.org, aastha@accessdev.org
Eligibility
- Basic eligibility – NBFCs ( Assest Finance, Loan Companies ) lending to Micro and Small Enterprises as per MSMED Act
- Minimum three years of operation
Mandatory Documents
- Nomination form
- Audited Financial Statements of financial years 2022-23, 2021-22, 2020-21
Last Date to Apply
CLOSED
Please direct queries to:
Akash Secretariat – Inclusive Finance India Awards ACCESS Development Services 22, Hauz Khas Village,New Delhi – 110016. Phone: +91 11 49050255 || +91 7426970622 akash@accessdev.org, aastha@accessdev.org
Eligibility
- Fintech delivering financial services to rural and urban unbanked/last mile customers either directly or through a financial institution are eligible to apply.
- The Company must have operations for at least 2 completed financial years (at least 24 months of operations by March 2023).
- Financial products offered can include credit, savings, insurance, pension, or other investment products.
Mandatory Documents
- Nomination form
- Audited Financial Statements of financial years 2022-23, 2021-22, 2020-21
Last Date to Apply
CLOSED
Please direct queries to:
Akash Secretariat – Inclusive Finance India Awards ACCESS Development Services 22, Hauz Khas Village,New Delhi – 110016. Phone: +91 11 49050255 || +91 7426970622 akash@accessdev.org, aastha@accessdev.org
Grand Jury
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