BSS Microfinance Limited is a Public Limited Company and 100% Subsidiary of Kotak Mahindra Bank Limited (KMBL). The company is managing Microfinance Loans of KMBL and has branches across 11 States, Namely Karnataka, Maharashtra, Tamilnadu, Madhya Pradesh, Bihar, Uttar Pradesh, Gujrat, Chattisgarh, Rajastan, Jarkhand, and Orissa. Founded in 1999, the company operates in the Finance and Financial Services industries with its headquarter in India.
Although the details about the last investment and the investors are not specified, the strong association with the Kotak Group, a renowned name in the financial sector, adds credibility to BSS Microfinance Limited. The wide geographic presence and the focus on microfinance loans signify a market understanding and an intent to cater to the financially underserved segments of the Indian population.
With the backing of Kotak Mahindra Bank Limited and an established presence in multiple states, BSS Microfinance Limited positions itself as a player with potential for further growth and impact in the microfinance sector.
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