Fincare Business Unlisted Share Price

Fincare Business Services Limited Unlisted Shares – Company Overview   

Fincare Business Services Limited is a leading Indian non-banking financial company (NBFC) that provides a range of financial services to micro, small, and medium enterprises (MSMEs) and low-income households. Established in 2017, the company operates through its wide network of branches across India and offers services such as microfinance, small business loans, affordable housing loans, and vehicle loans.

Fincare Business Services Limited aims to empower its customers by providing them with easy access to credit and other financial services, thereby enabling them to improve their livelihoods and contribute to the economic growth of their communities. The company has a strong focus on responsible lending and customer-centricity, and its operations are driven by the principles of transparency, fairness, and ethical conduct.

Fincare Business Services Limited has received several accolades for its innovative business model and social impact, including recognition from the United Nations as one of the world's leading impact enterprises. The company has a committed team of professionals and a strong digital platform that enables it to serve its customers efficiently and effectively.

Fincare Business Services Limited Unlisted Share Details as of March 31, 2024

Fincare Business Services Limited Incorporation Details  

Fincare Business Services Limited Principal Business Activities 

Fincare Business Services Limited Board of Directors

Mr. G. Dasarathareddy, Managing Director

Mr. Satyanarayana Peravali, Independent Director

Ms. Nandini Parekh, Independent Director

Mr. Ritesh Kantilal Mandot, Nominee Director 

Mr. Maninder Singh Juneja, Nominee Director

Mr. Bhavya Gulati, Nominee Director

Mr. Satyaki Rastogi, Nominee Director

Fincare Business Services Limited Particulars of Subsidiary and Associate Companies 

Fincare Business Services Limited Shareholding Pattern (As of 31-03-2024)

Industry Outlook of Fincare Business

Fincare Business Services Limited operates in the Indian non-banking financial company (NBFC) industry, which is a critical player in the country's financial system. The industry has been witnessing rapid growth in recent years, driven by factors such as increasing demand for credit among small and medium-sized businesses, the government's emphasis on financial inclusion, and the growth of digital lending platforms.

One of the major challenges faced by the NBFC industry is the regulatory environment, which has become increasingly stringent in recent years following the liquidity crisis in 2018. The Reserve Bank of India (RBI) has implemented several measures to enhance the regulatory framework, including stricter capital adequacy norms and tighter norms for asset-liability management.

However, despite these challenges, the NBFC industry is expected to continue to grow in the coming years, driven by increasing demand for credit from underserved segments of the population, the adoption of technology, and the growth of digital platforms. The industry is also expected to benefit from the government's initiatives to boost financial inclusion and promote entrepreneurship.

In conclusion, the outlook for the Indian NBFC industry, where Fincare Business Services Limited operates, is positive, with the potential for significant growth in the coming years. The industry will need to navigate regulatory challenges and adopt innovative business models to capitalize on the opportunities presented by India's rapidly evolving financial landscape.