Bharat Financial Inclusion

Bharat Financial Inclusion Limited (BFIL) is a prominent player in the financial services sector, specializing in microfinance and expanding its portfolio to include various banking products. As a business correspondent for IndusInd Bank Limited (IBL), BFIL provides asset and liability product solutions directly to its customers, ensuring a streamlined and secure service without involving third parties. The company primarily serves small and marginal farmers, particularly those relying on livestock as a primary income source, and aims to support rural communities through initiatives like Pragat, which focuses on enhancing access to water, health, and education. BFIL operates in the Indian market, targeting underserved and rural populations, and generates revenue through interest on microloans and fees for banking services. The company's business model emphasizes social responsibility and financial inclusion, earning it numerous awards for corporate social responsibility and governance.

Keywords: microfinance, asset solutions, liability solutions, IndusInd Bank, rural development, financial inclusion, small farmers, livestock income, Pragat initiative, corporate social responsibility.