| Bhartiya Samruddhi Finance Limited | | Print | |
As on May 31st, 2012 Samruddhi
Services OfferedIn pursuit of BASIX mission, to promote and support large number of sustainable livelihoods, BSFL has adopted the "Livelihood Triad" strategy through which the company also provides Agricultural & Business Development Services to about one third of its customers through Livelihood Service Providers (LSPs) and Institutional Development Services for producers like MACS for cotton producers, dairy cooperatives.Products snapshotService Delivery in BSFLInformation Technology and MIS: The transactions of BSFL are fully computerized using state of the art ERP called DELPHIX. BSFL has an effective MIS system to cater to the needs of various levels of operating
structure. Board of Directors:
 Mr. Vijay Mahajan is the Founder and Chairman of the BASIX Group. Vijay is a distinguished alumnus of both the Indian Institute of Technology, Delhi (1970-75) and the Indian Institute of Management, Ahmedabad (1979-81) and was a mid-career fellow at the Woodrow Wilson School of Public International Affairs, Princeton University, USA. Vijay co-founded Professional Assistance for Development Action (PRADAN) in 1983, Sa-Dhan in 1998, Andhra Pradesh Mahila Abhivrudhi Society (APMAS) in 2000 and Microfinance Institutions Network (MFIN) in 2009. In 1995, Vijay conceptualised BASIX as a “new generation livelihood promotion institution” and it was set up in mid 1996. Vijay served on the Rangarajan Committee on Financial Inclusion and the Raghuram Rajan Committee on Financial Sector Reforms. Vijay co-authored a book “The Forgotten Sector” and has written over 75 articles. Vijay serves on the Boards of major Indian development organisations and has been a member of various committees set up by Government and Regulatory institutions. Vijay is the Chair of the Consultative Group to Assist the Poor (CGAP), a global microfinance forum, comprising nearly 40 bilateral, multilateral and foundations in development.
Close Mr Asok Kumar Rathnam is the Chairman and Managing Director of Sarvodaya Nano Finance Limited (SNFL). He is also the Chairman and Managing Director of Sarva Jana Seva Kosh Ltd, an MFI belonging to ASSEFA group. He is a Post Graduate in Economics from Madras University, a Certified Associate of Indian Institute of Bankers, and also a Certified Public Accountant from USA. He has 36 years of experience in banking of which 22 years were in State Bank of India. He retired as the Executive Director of Axis Bank.
Close Ms Mary Agnes Houghton is the co-founder of ShoreBank, the largest and oldest community development bank. Houghton, along with Milton Davis, James Fletcher, and Ron Grzywinski purchased what was then South Shore Bank to fight redlining in the Chicago neighborhood. She retired as its president in May 2010. Houghton serves as a director of the Calvert Foundation, the Rapid Results Institute, and Women’s World Banking. She is a member of the Ashoka Global Academy for Social Entrepreneurship.
Close Mr. Namgial Singh is the Nominee Director representing Small Industries Development Bank of India(SIDBI).He has over two decades of experience in various fields of banking, administration and finance. At present he is the Chief General Manager, Southern Region, SIDBI.
Close Mr. James L. Prouty, A native of New York, Jim started his professional career with Chemical Bank (now JPMorgan Chase) in Manhattan after Graduating from Brigham Young University. Later Jim completed his MBA at Columbia University and then joined Bank of America in 1975.
During his 21 years at the Bank, Jim ran various corporate banking businesses with increasing responsibility in Los Angeles, Mexico City, New York, London, Brussels, Amsterdam, Frankfurt and Paris. In 1995, Jim was appointed Senior Vice President and Head of Continental Europe headquartered in Paris. A common thread running through all of Jim’s assignments was streamlining and then rebuilding businesses for growth.
In 1997, Jim joined Heller Financial in London and was later appointed President of the International Group with global responsibility for Heller’s 22 international businesses. Heller was purchased by GE Capital in 2001. The following year, Jim and some former colleagues founded Eclosion, a consulting company engaged in business transformation.
During the last three years Jim has become actively involved in the Microfinance sector with business assignments in Mexico, Pakistan and India.
Throughout Jim's career, he has contributed his time to a number of non-profit organizations. He has been President of the American Chamber of Commerce in Brussels; Chairman of the European Council of American Chambers of Commerce; Chairman of the US Trade and Investment Center; an active participant in European fundraising efforts for the US Presidency and various US Congressional races; and among other good causes has been involved in The United Way, Boy Scouts of America and The Duke of Edinburgh Award. Jim has also written numerous business articles and is the author of "Monkey Business" a children’s book.
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