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BEST ‘CUSTOMER RELATIONSHIP INITIATIVES’ AWARD AT 6TH EASTERN INDIA MICROFINANCE SUMMIT, 2022 GRAMEEN SHAKTI HAS ONCE AGAIN RECEIVED SKOCH AWARD ON ‘FINANCIAL INCLUSION & INCOME GENERATION’ IN 2022. RATING AGENCY 'ACUITE' UPGRADED OUR RATING TO 'BB+' WHILE 'M CRIL' AWARDED (Alpha-) ' INVESTMENT RATING' CANARA BANK SANCTIONED 5 cr. TERM LOAN UNDER CGSMFI SCHEME TO GRAMEEN SHAKTI UNION BANK OF INDIA SANCTIONED 3 cr. TERM LOAN UNDER CGSMFI SCHEME TO GRAMEEN SHAKTI PNB SANCTIONED 10 cr. TERM LOAN UNDER CGSMFI SCHEME TO GRAMEEN SHAKTI NABARD JOINS HAND WITH GRAMEENSHAKTI - EXTENDS Rs.2 cr. TERM LOAN (REFINANCE) 2 PUBLIC SECTOR BANKS (STATE BANK OF INDIA & UNION BANK OF INDIA) HAVE JOINED HANDS WITH US. IT GIVES US IMMENSE PLEASURE TO INFORM THAT MR. GAUTAM SEN, EX G. M NABARD & MR. PRANAB KUMAR SAHA, EX G.M UNION BANK HAVE JOINED OUR BOARD AS INDEPENDENT DIRECTORS. GRAMEEN SHAKTI HAS BEEN ASSIGNED COMPREHENSIVE GRADING OF M3C3 BY SMERA ON DEC 22,2020 - INDICATING ABOVE AVERAGE CAPACITY OF GRAMEEN SHAKTI TO MANAGE ITS OPERATION IN A SUSTAINABLE MANNER. MR. GANESH CHANDRA MODAK, MD HAS BEEN CONFERRED WITH THE PRESTIGIOUS 'SKOCH ORDER-OF-MERIT' AWARD FOR HIS LEADERSHIP QUALITY IN THE FIELD OF BANKING & FINANCE. || GRAMEEN SHAKTI HAD ALSO BEEN AWARDED BY AMFI-WB FOR 'BEST CLIENT-CENTRIC' ACTIVITIES UNDERTAKEN BY ANY ORGANISATION. || GRAMEEN SHAKTI HAS BEEN AWARDED 'SKOCH AWARD OF EXCELLENCE' FOR OUTSTANDING NPA MANAGEMENT IN 2019 .

GRAMEEN SHAKTI MICROFINANCE SERVICES PVT. LTD.

Some Board members of Society for Model Gram Bikash Kendra (SMGBK) and a few individuals acquired Srija Chemo Pvt. Ltd.(SCPL) on March 22, 2016 solely for carrying on microfinance activities and having a well-devised plan to gradually separate them from SMGBK

As on MAY 31, 2022

Portfolio	Loan Disbursed (cum)	No of States	Existing Centers
Rs. 57.52Cr.	Rs.256.73 Cr.	3	2694
Client / Beneficiaries	Branches	Villages	Districts
23,117	20	1222	12

FROM THE MD'S DESK

The end of the last Financial Year (FY-2021-22) was hailed by the entire MFI sector as RBI released the much awaited 'Revised Regulatory Framework' for microfinance. The latest guidelines are a strong reflection of the maturity of MFIs in the country and will go a long way in harmonising the regulatory framework for different types of lenders, encouraging healthy competition and enabling customers to make an informed choice regarding their credit needs. It will further help

Success Stories

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CAREER WITH US

Grameen Shakti Microfinance Services Pvt.Ltd. (GSMS) continuously aims to have the right person, with the right
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Testimonials

Some Special Messages

GSMS is proud to have been blessed by some Bigwigs of MFI & Banking sectors. Find their Comments about

"On the occasion of launching Grameen Shakti, a new ( NBFC-MFI) in the Eastern Region of India, I wish a bright future for the Company and its clients.I wish that Grameen Shakti will be able to reach out to financially excluded households in the region with its finacial products and services. Grameen Shakti is founded on the success made by SMGBK, a partner of FWWB since 2007. I am confident that it will succeed in impacting the lives of low income households"
- Late Vijayalakshmi Das, CEO

We are deeply grieved at the sudden demise of Late P. Satish, ED OF Sa-Dhan. He played an instrumental role in shaping the MFI Sector of India specially highlighting the problems of small and medium MFIs to the RBI & Ministry of Finance. We bow our head in reverence to the departed soul of our beloved Satish Sir.
Dr. P. Satish - Executive Director, Sa-Dhan

“Grameen Shakti, the newest entrant in the NBFC- MFI segment, has just completed it's first financial year. In it's earlier avatar, the Gram Bikash Kendra, the team has done a commendable job for years under the dynamic leadership of Sh. Ganesh Ch. Modak. I am sure that Grameen Shakti will retain the same standards of commitments and will widen it's activities with innovative products and will continuously engage in the value creation process in a sustainable manner, particularly amongst the female borrowers in the unprivileged as well as underprivileged segments. The MFI industry plays a significant role in ensuring inclusive growth in the society and as a part of this industry, I am confident that Grameen Shakti will strive to carve out a niche of it's own by overcoming the challenges and crossing the milestones. I will be keenly watching the performance of Grameen Shakti.”
- Bhaskar Sen Director: Bandhan Bank Ltd. West Bengal Financial Corpn. Former Chairman & Managing Director of United Bank of India

The Institution is helping to the most poor rural people. Rural Development is the backbone of our economy. Our Bank will try to finance the Company so that we can help the rural people through this Company.
- Sukumar Dofadar Canara Bank

The Institution is helping to the most poor rural people. Rural Development is the backbone of our economy. Our Bank will try to finance the Company so that we can help the rural people through this Company.
- Sukumar Dofadar Canara Bank

“Glad to meet the entire team of Grameen Shakti. Chalked out a road map for the Company for the years to come. Hope soon the Company will be among the top 50 NBFC-MFIs”
- Gaurav Gupta Ananya Finance

Our Gallery

Women's day-2020: Inauguration of the programme

Women's day-2020: speech from Mr. Ganesh Modak, MD, GSMS

Women's day-2020: Chat session with participants (borrower)

Women's day-2020: cake cutting moment

Women's day-2020: Mrs. Sundari Modak with participant

Our Associate