Investment date: Dec 2005 Shareholdings: 100% Headquarters: Mumbai, India Annual Report

No dream too small.

While establishing its operations in India, Fullerton India set itself a mission to bridge the gap between inclusion and access to financial services in the market. Fullerton India continued to strive towards realizing this mission by expanding its network in newer areas and designing products and services that would fulfill the needs and aspirations of people in the mass market in India.

Over the last six years since its commercial launch, Fullerton India has established a large footprint in financial services through its wide network of branches across the country. Seeking out needs and aspirations of customers and helping fulfill them is the philosophy on which this business is based. Enabling people to express their needs and customizing financial solutions for them is the core of the company’s service in this segment. That is Fullerton India’s mission.

Through its network of over 600 branches spread across 22 Indian states, Fullerton India today services over 3 million customers in over 600 towns and cities and over 55,000 villages.

Fullerton India now caters to a wide variety of financial needs however small or big. Financial services of the company now include financing of small and medium enterprises for working capital and growth, loans for commercial vehicles and two-wheelers, home improvement loans, loans against property, personal loans, working capital loans for urban self-employed and loans for rural livelihood advancement and financing of various rural micro enterprises.

Today, over 10,000 employees of Fullerton India reach out to customers through its branches providing them financial solutions at their doorstep, so that they too could fulfill their needs and aspirations.

Financial & Operating Highlights

S$m, y/e 31 March 2019 2018 2017 2016
 Branches 628 559 526 488
 Employees 14,306 10,795 10,017 8,738
 Total Assets 5,169 3,814 3,105 2,734
 Shareholders Equity 701 536 498 429
 Net Income 151 73 42 83
 ROE % 24.5 14.1 9.0 21.4

India’s Corporate Social Responsibility Initiatives:

Fullerton India has adopted a unique community development initiative designed to have a sustained socio-economic impact on the community. As its CSR mission, Fullerton India identifies alternative vocations that are promoted among rural households it caters to and helps them adopt alternate vocations to supplement their income. It also promotes their existing livelihoods with the objective of making these vocations into sustainable livelihoods thus helping them to improve their standard of living and quality of life. These programs are implemented by Fullerton India’s own branch personnel with the help of specialized Partner organizations.

Fullerton India’s Livelihood Advancement initiative - Key objectives:

Promote existing livelihoods

Introduction of new and alternative vocations/ livelihoods

Revive and promote dying rural arts and crafts so that they can be preserved

Developing Market Linkages to enable rural households to market their produce directly to end consumers

Fullerton India’s ‘Save The Eye’ program is also a part of its CSR initiative and focuses on making eye care accessible to rural citizens in the catchments it operates in. Eye camps are organized regularly and it runs a permanent Vision Care Centre in Andhra Pradesh to improve access to eye care to people in the area.

Over 650,000 households have benefited from these initiatives since April 2007.

Fullerton India Credit Company Limited was honoured with the World CSR Award for ‘Best Community Development Programme’, on World CSR Day in February 2013. The award is a recognition of Fullerton India’s livelihood advancement initiatives and its commitment towards community development

For Fullerton India there is no dream too small.

Further information can be found at the website


Ms Rajashree Nambiar

MD & Chief Executive Officer

Ms. Nambiar is the Managing Director and Chief Executive Officer at Fullerton India Credit Company Limited. In this role, she is responsible for the overall corporate strategy of the company and its subsidiaries - covering Risk, Operations, Technology, Analytics and Digital Initiatives.

Prior to joining Fullerton India, Rajashree served as the CEO and Executive Director at India Infoline Finance Ltd, the NBFC arm of the IIFL group. At IIFL Finance, Rajashree successfully developed and executed a long term business strategy focused on diversification of the retail segment into retail housing, commercial vehicles, Gold loans and SME loans; since inception, she has created a robust organisational structure with centres of excellence for core functions, and a strong future leadership pipeline. During her stint in the company, IIFL Finance has shown strong year on year profitability with doubling of the book in a short span of 3 years. Prior to joining IIFL, Rajashree spent 22 years with Standard Chartered Bank within the retail segment where she held various management roles such as Head of Branch Banking, Country Head of Distribution and General Manager - Distribution & Alternate Channels, India & South Asia. Her last position at the Bank was as Head of Retail Products for India & South Asia.

Rajashree Nambiar received an MBA from Jamnalal Bajaj Institute of Management Studies.