Spandana Sphoorty Financial share price

ABOUT Spandana Sphoorty Financial

• Industry Consumer Financial Services
• ISIN INE572J01011
• BSE Code 542759
• NSE Code SPANDANA

Spandana Sphoorty Financial Limited is an India-based rural-focused non-banking financial company and a microfinance lender (NBFC-MFI). The Company's business lines include joint liability group (JLG)- based microfinance and loan against property (LAP). The Company offers income generating loans under the joint liability group (JLG) model (Chetana), predominantly to women from low-income households in rural areas. Its Chetana product offers flexible repayment - weekly/monthly with no prepayment penalty, loan tenure - 12 to 30 months, and interest rate - 25% per annum. Its LAP is offered through its subsidiary, Criss Financial Ltd. Its LAP is designed to fulfill the diverse needs of small entrepreneurs, which includes acquiring equipment, renovating or expanding office space, or utilizing for working capital. The Company's LAP's loan tenure is 1-10 years.

Spandana Sphoorty Financial Management

• Ashish Damani President, Chief Financial Officer
• Shalabh Saxena Chief Executive Officer, Managing Director, Executive Director
• Vishal Sharma Chief Operating Officer
• Prashant Rai Chief People Officer
• Dharmvir Singh Chief Information Officer
• Vinay Tripathi Compliance Officer, Company Secretary
• Amit Anand Chief Risk Officer
• Subhrangsu Chakravarty Finance Controller
• Ajay Ganotra Chief Business Officer - North
• Shilpa Jain Chief of Financial Reporting and Assurance