May'17
Centrum applies to RBI for the NBFC-MFI Certification
Centrum applies to RBI for the NBFC-MFI Certification
RBI issues an NBFC-MFI Certificate
Acquired FirstRand Bank's micro finance business with a portfolio of Rs 105 Cr, 298 staff, 25 branches and all related services
Successfully integrates and transitions the business
Enters Gujarat & expands its operation further in Maharashtra
Enters Odisha
Migrates to a digital platform
Received MFI 2 & COCA —C2 rating from Care Ratings
Portfolio doubles to Rs. 218 Cr across 50 branches, 17 districts in 3 states
Enters Bihar & portfolio crosses Rs. 250 Cr
Acquired Altura Financial Services’ portfolio with a AUM of Rs. 92 Cr, 222 staff, 48 branches
Completed integrations of Altura portfolio
Portfolio closes at Rs 469 Cr
Portfolio closes at Rs 442 Cr