Flash Report November 2017
  • SHG

  • Gross Loan Portfolio(Rs.Cr): 803.59
  • Active Groups: 45,927
  • Active Borrowers: 3,58,499
  • Branches: 151
  • JLG

  • Gross Loan Portfolio(Rs.Cr): 95.41
  • Active Groups: 14,033
  • Active Borrowers: 64,583
  • Branches: 58
Latest News
December 31, 2016

Muthoot Finance Ltd increases its stake in the Company from 57.16% to 64.60% by acquiring shares from its existing Share holders.

December 8,2016

Muthoot Finance Ltd (MFIN) holding in Belstar is increased to 57.16 % Hence Belstar has become a deemed Public Company.

December 5,2016

Belstar wins Inclusive Finance Award under the category: Micro Finance Organisation of the year 2016 (small and medium), awarded by ACCESS Development Services and HSBC India.

About Belstar Investment and Finance Private Limited

Belstar Investment and Finance Private Limited (BIFPL) was incorporated in January 1988 at Bangalore and being a Non- Banking Finance Company, the Company was registered with the RBI in March 2001. The Company has been reclassified as "NBFC-MFI" by RBI effective 11th December 2013.

BIFPL was acquired by the Hand in Hand group in September 2008 to provide scalable microfinance services to entrepreneurs nurtured by the Hand in Hand India (HIH) Self Help Group (SHG) program. It aims to provide financial assistance to more than 0.3 million borrowers within the next 5 years and intends to use its synergy with the activities of the Hand in Hand group to create 5 million jobs by end of 2020

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