Utkarsh Coreinvest Limited

BOARD OF DIRECTORS

Mr. Ashwani Kumar, (Managing Director & CEO)
Mr. G. S Sundararajan, Non- (Executive Independent Director)
Mr. Atul, (Independent Director)
Ms. Ramni Nirula, (Independent Director)

BACKGROUND

Utkarsh Coreinvest Limited ("the Company' or 'Holding Company") is domiciled in India. The Company is having its registered office at Varanasi. The Company was formerly known as Utkarsh Micro Finance Limited and got the name changed to Utkarsh Coreinvest Limited w.e.f. 11 October 2018. The company was primarily engaged in the business of micro finance, following group lending methodology and providing small value unsecured bank loans to lower income group of below poverty line ('BPL') in urban and rural areas.
During the financial year 2016-17, the Company executed a business transfer agreement with its subsidiary Company 'Utkarsh Small Finance Bank Limited' ('USFB') and transferred all its assets and liabilities (except certain statutory assets, vehicle and statutory liabilities). Accordingly, the business of micro finance was also transferred to USFB. On 3 May 2018, the RBI has granted its approval to the Holding Company for carrying on the business of a Non-Deposit taking- Systemically Important Core Investment Company (CIC-ND-SI) under the Certificate No C.07.00781

REGISTERED OFFICE

S-24/1-2, Fourth Floor, Mahavir Nagar, Orderly Bazar, Near Mahavir Mandir, Varanasi - 221 002 (U.P.). Mob: +91 7518903414.

CONSOLIDATED FINANCIAL INFORMATION FOR LAST 2 YEARS (Rupees in Crore)

ANNUAL REPORT OF UTKARSH COREINVEST LIMITED

Utkarsh Coreinvest Limited Annual Report 2019

Utkarsh Coreinvest Limited Annual Report 2018