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    Zaggle join hands with Standard Chartered Bank to offer prepaid payment solutions

    Zaggle join hands with Standard Chartered Bank to offer prepaid payment solutions

    Kiwi raises Rs 209 Cr in series B to drive UPI-Linked credit card adoption

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Samvedna Microfinance receives RBI NBFC-MFI licence

This regulatory recognition reaffirms Samvedna’s pledge to advance financial inclusion with integrity, transparency and purpose

B2B Market Media by B2B Market Media
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Samvedna Microfinance receives RBI NBFC-MFI licence
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Samvedna Microfinance has officially been granted NBFC-MFI status by the Reserve Bank of India, marking a landmark achievement in the company’s mission to drive financial inclusion across underserved communities.

The RBI approval, received on July 11, 2025, follows months of rigorous due diligence and positions Samvedna among a select group of microfinance institutions recognised for their regulatory compliance and operational robustness.

Samvedna’s application was submitted on Mahashivratri (February 26, 2025) and sanctioned on the first day of Shravana (July 11, 2025), both sacred occasions that underscore the organisation’s commitment to its cultural roots and guiding values. This regulatory recognition reaffirms Samvedna’s pledge to advance financial inclusion with integrity, transparency, and purpose.

With this licence in hand, Samvedna aims to expand its outreach, deepen its impact and continue empowering communities across India.

Samvedna Microfinance Pvt. Ltd. is a new-age non-banking financial company–microfinance institution (NBFC-MFI) dedicated to extending financial services to underserved households and micro-enterprises across India.

Founded on the pillars of a “Factful Methodology,” “Digital DNA” and “Driving Impact,” Samvedna employs a data-based approach to tailor loan products such as its flagship Income Generation Loan of up to Rs 90,000 to the unique needs of each borrower, while operating entirely paperless with 100 per cent cashless disbursement from inception.

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Tags: financial inclusionmicrofinance institutionNBFC-MFIReserve Bank of IndiaSamvedna Microfinance
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Zaggle join hands with Standard Chartered Bank to offer prepaid payment solutions

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27/08/2025
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