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Bharat Financial Inclusion Limited, a non-banking financial company - micro finance institution, provides micro finance services to women in the rural areas in India who are enrolled as members and organized as joint liability groups. It offers income generation, mid-term, and long-term loans to self-employed women to support their business enterprises, such as raising livestock, running local retail shops, tailoring, and other assorted trades and services. The company also provides loans to members for the purchase of cook-stove, solar light, water purifier, mobile phone, bicycle, and sewing machine products. In addition, it distributes life insurance products. As of March 31, 2018, the company had 1,567 branches in India. The company was formerly known as SKS Microfinance Limited and changed its name to Bharat Financial Inclusion Limited in June 2016. Bharat Financial Inclusion Limited was founded in 1997 and is headquartered in Hyderabad, India. Bharat Financial Inclusion Limited operates as a subsidiary of IndusInd Bank Limited.
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