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MAS Financial Services Ltd
MAS Financial Services Ltd Company History
MAS Financial Services is engaged in the business of providing Micro Enterprise loans (“MEL”), Small and Medium Enterprise loans (“SME”), Two Wheeler loans (“TW”), Commercial Vehicle loans (“CV”) and loans to NBFCs - to create the underlying assets of MEL(Source : 202303 Annual Report Page No: 129)
1995
Incorporation of our Company
1995
1998
Registered as a public deposit taking non-banking financial company with the RBI
1998
2006
Received investment from Bellwether Microfinance Trust
Incorporation of MAS Rural Housing & Mortgage Finance Limited, our Subsidiary
2006
2007
Registered as a non-public deposit taking non-banking financial company with the RBI
2007
2008
Received investment from FMO
Received investment from ICICI Venture Fund Management Company Limited
2008
2010
Developed and implemented customised Enterprise Resource Planning system called ÂMASEXÂ
2010
2012
Received investment from DEG
2012
2013
AUM crossed Rs.10,000 million
2013
2014
Sarva Capital, then known as Lok Capital II LLC, purchased 21,735,545 compulsorily convertible cumulative preference shares of our Company from FMO
2014
2015
AUM crossed Rs. 20,000 million
NCDs issued by our Company listed on BSE Limited
2015
2016
India Ratings & Research upgraded the rating of our bank loans to Ind AÂ, with stable outlook.
2016
2017
AUM crossed Rs.30,000 million
2017
2021
MAS Financial announces strategic partnership with Bank of Maharashtra for MSME loan.
Mas Financial Services Partners With Credavenue For Co-Lending Platform.
Bank Of India Ties-Up With Mas Financial Services For Co-Lending.
2021
2022
Mas Financial'S ServicesTie Up with Arya. Ag to Offer Agri Finance To Small Farmers & Fpos.
Mas Financial'S Announces Strategic Partnership With Bank Of Maharashtra For Msme Loan.
Loantap Announces Partnership With Arkafincap Ltd. And Mas Financial'S Services For New Digital Lending Models.
2022