Mumbai, 14th April 2023 – Bharat Financial Inclusion Ltd. (BFIL), a 100% subsidiary of IndusInd Bank, has been recognized by Great Place To Work®, making it to India's top 25 Best Workplaces in BFSI (Banking, Financial Services, and Insurance) sector. Earning this recognition for the sixth year in a row shows BFIL’s consistent commitment to establishing a culture of distinction and originality in the workplace.

BFIL's accomplishment proves its dedication to building a work environment that encourages employee engagement, gratification, and development. The company has been commended for exhibiting impressive qualities such as inspiration, collaboration, transparency, career growth opportunities, fairness, fun@work culture, respect, and appreciation amongst many other attributes.

Over 100 million employees in 150 countries collaborate with Great Place To Work each year to evaluate, compare, and improve their workplace culture. After going through a thorough evaluation process that focuses on establishing a High-Trust, High-Performance Culture, BFIL was awarded India's Best Workplace™ in the BFSI sector. The award recognizes BFIL's efforts to create a workplace that establishes High-Trust, High-Performance Culture and maximizing human potential.

Commenting on the achievement J. Sridharan, Executive Vice Chairman, BFIL said, “We are proud to be recognized as one of the top workplaces in the BFSI sector by the Great Place To Work. Our commitment to fostering a positive work environment that promotes innovation, growth, and collaboration has led to this prestigious recognition. We believe that our employees' engagement and satisfaction are crucial to our success, and we will continue to prioritize providing them with the opportunities and resources they need to thrive professionally and personally. We are honored to be among such esteemed organizations and look forward to continuing to build a culture of excellence and innovation at BFIL.”

Srinivas Reddy Vudumula, Chief People Officer, BFIL said, “We are honored to be acknowledged by the Great Place To Work as one of the top employers in the BFSI Sector. This recognition is a clear reflection of the hard work and dedication of our employees and managers in fostering a culture of high performance and camaraderie at BFIL. We take pride in not only bringing financial inclusion to rural India, but also in creating an inclusive workplace that offers equal opportunities for rural youth to pursue their aspirations with us. This recognition validates our effective leadership and robust succession planning practices.”

Being recognized as India's Best Workplace in the BFSI sector by Great Place To Work India, BFIL sets the standard for other companies in the industry and demonstrates its dedication to providing an outstanding work environment for its employees.

About BFIL

Bharat Financial Inclusion Limited (BFIL) is a leading player in the financial services industry offering asset and liability product solutions from IndusInd Bank. The organization was incorporated in 1998 to offer microfinance loans to customers. Following its merger with IndusInd Bank in July 2019, BFIL is now a 100% wholly owned subsidiary of the Bank. BFIL has more than 35,000 employees actively working in the organization. BFIL continues to enjoy market dominance in the microfinance space, while continuing to expand by offering other banking products to our customers.

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Courtesy: Pinkerala, The Statesman