2020
Receives SDI approval to launch Mutual Fund Business
Successfully administered USD 2 Billion in SBA funding.
2019
IIA AWARDS 2019
Raised USD 185 million & EUR 50 million by way of Dual Currency Syndicated Loan Facility
2018
Selected as a Founding Member of the Community of Global Growth Companies at the World Economic Forum, Geneva.
Instant account opening with a Customer On-boarding App
2017
Raised USD 5.3 billion from direct investors.
Instant account opening with a Customer On-boarding App
Winner of PRI AWARDS 2017
2016
Launch of AF Fundings, our Financial Inclusion Initiative, in partnership with ACCION Incorporated.
Acquires BD Finance CA to consolidate it's position as a top lender in North America.
2005
Raised USD 2.8 billion of long-term subordinated Tier II debt
Joined an elite group of businesses in service 80 years or more
1999 and before
First branch at Minnesota & inclusion in second schedule of the MFA Act
1930 Capital infusion by promoters and key investors
1925 Company Launch