Dvara KGFS is expanding geographically & technologically
Banking Frontiers|May 2020
Partners with banks and NBFCs to offer wide variety of financial products:
Mehul Dani
Dvara KGFS is expanding geographically & technologically

Dvara Kshetriya Gramin Financial Sevices (KGFS) has its mission cut clear - to ensure that every individual and every enterprise has complete access to financial services. Formerly called IFMR Rural Channels & Services, it builds and supports local, geographically focused community financial services institutions called Kshetriya Gramin Financial Services. It operates in the states of Tamil Nadu, Odisha, Uttarakhand, Jharkhand, Chhattisgarh and Karnataka, serving individual customers and enterprises in remote rural areas. It has been offering JLG and micro-enterprise loans to the rural poor across these 6 states through a network of 300 branches. In March 2019, it had 221 branches in 33 districts of 4 states. Its present customer base stands at 844,805.

Joby C.O., who is the firm’s CEO, claims there are only a few organizations operating in rural markets providing diverse product mix as Dvarwa KGFS. “There is no scarcity of demand arising out from the customers. Also, the brand recognition and recall are quite high due to the close proximity of our branches to the rural households. External factors include the growing recognition of the NBFC and microfinance industry by the government and regulators as a tool to reach out to the rural low-income households and also the various advancements in the digital space – payments, KYC etc,” says he.

BANK & NBFC PARTNERS

Diese Geschichte stammt aus der May 2020-Ausgabe von Banking Frontiers.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der May 2020-Ausgabe von Banking Frontiers.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BANKING FRONTIERSAlle anzeigen
Finance gears up for festivities
Banking Frontiers

Finance gears up for festivities

BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:

time-read
4 Minuten  |
October 2024
Non-cash transactions can touch a phenomenal level by 2028
Banking Frontiers

Non-cash transactions can touch a phenomenal level by 2028

Capgemini Research Institute’s World Payments Report 2025 highlights the era of account-to-account an instant payments:

time-read
3 Minuten  |
October 2024
The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer
Banking Frontiers

The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer

In an increasingly interconnected world, safeguarding our digital assets has become paramount. Enter the dynamic duo: Cyber security and Artificial Intelligence (AI).

time-read
3 Minuten  |
October 2024
A new trinity in digital lending space
Banking Frontiers

A new trinity in digital lending space

Three platforms in the lending space are poised to change the way lenders offer credit and borrowers access funds in India:

time-read
4 Minuten  |
October 2024
Finance gears up for festivities
Banking Frontiers

Finance gears up for festivities

BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:

time-read
4 Minuten  |
October 2024
Small MFI, International Engagements
Banking Frontiers

Small MFI, International Engagements

Mitrata Inclusive Financial Services in the midst of transformation growth

time-read
3 Minuten  |
October 2024
MFIs: Big Impact Big Changes,
Banking Frontiers

MFIs: Big Impact Big Changes,

Even as MFIs are fueling economic growth for the underprivileged, what is interesting is that they are transforming themselves in areas like HR, technology, funding, leadership, collections, and more. Banking Frontiers presents the initiatives and initiatives at 9 such organizations:

time-read
3 Minuten  |
October 2024
Climate Risk Forum for CROS
Banking Frontiers

Climate Risk Forum for CROS

Excerpts from a discussion on shaping the future of climate change resilience in India:

time-read
3 Minuten  |
October 2024
Seamless Supply Chain Finance
Banking Frontiers

Seamless Supply Chain Finance

Deep insights emerge from this fireside chat at NBFC's Tomorrow Conclave.

time-read
6 Minuten  |
October 2024
Star Health sees strong demand from the IT sector
Banking Frontiers

Star Health sees strong demand from the IT sector

Biju Menon, Chief Business Officer at Star Health Insurance, looks at the evolution of employee health insurance from multiple perspectives:

time-read
4 Minuten  |
October 2024