Fusion Micro Finance IPO – A strong player in the ever-growing MFI sector: ICICI Direct | Techno Glob

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ICICI Direct’s IPO Report

Fusion Micro Finance Ltd. was founded with the core idea of ​​creating opportunities at the bottom of the pyramid. The company works by providing financial services to underserved women in rural and semi-rural areas across India.

The company positively impacts the lives of its customers in rural India as it believes its network and services improve access to formal credit at affordable prices.

Fusion Micro Finance is one of the youngest non-banking financial company (for obtaining a non-banking financial company license) among the leading NBFC-MFIs in India.

In addition, It also has the fourth-fastest loan portfolio among the 10 largest NBFC-MFIs in India, with an annual growth rate of 53.8% between FY21 and FY21, according to Crisil.

Click on the attachment to read the full IPO report.


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