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Issuer Profile

23 Aug 2023

Annapurna Finance Pvt Ltd Credit Analysis

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Annapurna Finance Private Limited is one of the leading NBFC-MFI company in the country. As on March 31, 2023, it was present in 388 districts across 20 states/Union Territories (UTs) through a network of 1,183 branches, while catering to more than 24 lakh borrowers. Apart from microfinance, the company has a small micro, small and medium enterprise (MSME) loan portfolio. As of 31st March 2023, its gross loan portfolio stood at Rs 87.49 billion.

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Subhasis Mishra
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