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India
2009 (17 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Annapurna Finance Pvt. Ltd.
Company Information
Get to know Annapurna Finance Pvt. Ltd.
Annapurna Finance was established to serve the economically backward sections of society by bringing them into the mainstream and providing need-based financial services at their doorstep. Its mission is the socio-economic empowerment of poor women through financial inclusion. The organization started as a not-for-profit in 2009 and transformed into a non-banking financial company (NBFC-MFI) in 2013, registered with the Reserve Bank of India (RBI). It primarily offers micro-loans, along with other financial products and services, to a client base that is almost entirely female.
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