Grama Vidiyal Micro Finance
Information by Research Trustfinance
Founded in 1986 and incorporated as a non-banking financial company (NBFC) in 1999, Grama Vidiyal Micro Finance Limited was one of the largest and most prominent microfinance institutions in India. Its mission was to empower women in rural and semi-urban areas by providing them with access to credit and other financial services through a network of Self-Help Groups (SHGs). In 2016, IDFC Bank (now IDFC FIRST Bank) acquired the company to expand its rural banking and financial inclusion footprint. The merger was completed in 2017, and all operations of Grama Vidiyal were fully integrated into the bank, ceasing its existence as a standalone entity.
India
Industry
- BankingPRIMARY
- Other Service
Financial
HQ Location