Our Journey

May'17

Centrum applies to RBI for the NBFC-MFI Certification

Oct’17

RBI issues an NBFC-MFI Certificate

Dec'17

Acquired FirstRand Bank's micro finance business with a portfolio of Rs 105 Cr, 298 staff, 25 branches and all related services

Mar’18

Successfully integrates and transitions the business

Apr'18

Enters Gujarat & expands its operation further in Maharashtra

Sep'18

Enters Odisha

Dec'18

Migrates to a digital platform

Feb’19

Received MFI 2 & COCA —C2 rating from Care Ratings

Mar'19

Portfolio doubles to Rs. 218 Cr across 50 branches, 17 districts in 3 states

Jun'19

Enters Bihar & portfolio crosses Rs. 250 Cr

Nov'19

Acquired Altura Financial Services’ portfolio with a AUM of Rs. 92 Cr, 222 staff, 48 branches

Dec'19

Completed integrations of Altura portfolio

Mar'20

Portfolio closes at Rs 469 Cr

Jun'20

Portfolio closes at Rs 442 Cr