Fullerton India Credit Company Limited (FICCL) is a non-banking financial company (NBFC) headquartered in Mumbai which offers various retail finance products for rural households, and small and medium enterprises in India.
The company is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Ltd., which is in turn a wholly owned subsidiary of the Singaporean sovereign wealth fund 'Temasek Holdings Private Limited'.
Video Fullerton India Credit Company Limited
History
Fullerton India Credit Company Limited was established in the year 2007 and is now headed by Mr. Gan Chee Yen as Chairman and Mr. Shantanu Mitra as the CEO and Managing Director. The company has over 10,000 employees spanning over about 526 branches across the country. Over the years, Fullerton India has built a vast network and currently serves over 1.76 million customers across 600 towns and over 51,000 villages in the country. In 2016, the company launched its housing finance company- Fullerton India Home Finance Company Limited (FIHFC) also known as Grihashakti. The Company is registered with the National Housing Bank and operates through 41 dedicated branches, spreading across 9 states in the country
Maps Fullerton India Credit Company Limited
Management
- Mr. Gan Chee Yen- Chairman
- Mr. Shantanu Mitra- CEO & Managing Director
- Mr. Kenneth Ho Tat Meng- Non-Executive Director
- Mr. Anand Natarajan - Head of Strategy and Business Execution
- Mr. Rakesh Makkar - Head of Business, Marketing & CSR
Sources:
Products & Services
Urban Financing: Fullerton India's Urban Financing takes care of all business finance requirements and other financial needs of those customers who live in the urban areas. The different urban finance products include personal loans, SME loans, business loans, loan against property, home loans and commercial vehicle loans.
Rural Financing: Fullerton India's Rural Financing takes care of all the financial requirements of those customers who live in the rural. The different rural finance products include rural financial services, rural housing finance and two-wheeler loans.
Fullerton India Home Finance Company Limited (FIHFC): Fullerton India Home Finance Company Limited is registered with the National Housing Bank and operates under the brand name 'Grihashakti'. Fullerton India Credit Company Limited launched its housing finance company in the year 2016. Today, the Company operates through 41 dedicated branches that are spread across 9 states in the country
CSR Activities
The Company's Corporate Social Responsibility (CSR) under the brand name 'Uday', initiates to focus on enabling a sustainable development across communities through various livelihood, educational, environmental and healthcare interventions, in fulfilment of its role as a socially responsible corporate citizen.
Key Initiatives
Fullerton India Credit Company Limited (FICCL) was the first non-banking financial company (NBFC) in India to raise funds through Masala Bonds. In the space of innovation, the Company was the first NBFC to launch a Chabot 'ASHA' on Facebook messenger to help customers avail personal loans. Besides this, the Company adopted IBM Cloud to ensure uninterrupted business operations and also launched 'Finnovatica,' a platform that aims to nurture digital ideas from the youth into marketable products that could be implemented within the organisation's businesses.
Awards & Recognition
2016-17
- "Admired Brands and Leaders 2016-17" by White Page International.
2016
- "The Golden Peacock Award for HR Excellence" at the Golden Peacock Award, 2017. (Jan)
- "Best Retail NBFC" at the Outlook Money Awards, 2016.
- Ranked 6th in The Dream Companies to Work For, 2016.
- Listed in the Fortune India 500
- Fullerton India's Pashu Vikas Day Featured in the Limca Book of Records
2015
- India CSR Best Case Award 2014 for 'Women Empowerment'
2013
- "World CSR Award" for "The Best Community Development Programme" in the year 2013.
References
Source of article : Wikipedia
0 Comments