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Get to know Grama Vidiyal Micro Finance

Founded in 1986 and incorporated as a non-banking financial company (NBFC) in 1999, Grama Vidiyal Micro Finance Limited was one of the largest and most prominent microfinance institutions in India. Its mission was to empower women in rural and semi-urban areas by providing them with access to credit and other financial services through a network of Self-Help Groups (SHGs). In 2016, IDFC Bank (now IDFC FIRST Bank) acquired the company to expand its rural banking and financial inclusion footprint. The merger was completed in 2017, and all operations of Grama Vidiyal were fully integrated into the bank, ceasing its existence as a standalone entity.

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Grama Vidiyal Micro Finance

India

Founded in

1993 (33 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.