RBI · SRO register

Sa-Dhan (Association of Community Development Finance Institutions) Sa-Dhan

Deep-dive: what Sa-Dhan actually does →

Microfinance (broad network: MFIs, SFBs, banks, investors)

Recognised (RBI)2015-03-11
StatusActive SRO (microfinance; recognised Mar 2015)
Listed membersn/p (no public roster)
Sitewww.sa-dhan.net

Why it matters if you borrow or pay

  • Second microfinance SRO — RBI recognition gave NBFC-MFIs a choice between MFIN and Sa-Dhan.
  • Publishes the Bharat Microfinance Report, the sector's main data benchmark.
  • Claims 200+ member institutions but publishes no public member directory — roster visibility is a gap this tracker flags.

What we're watching

  • No public member list; membership data only via its report/portal.
  • Watch its stricter member norms (2024) translate into visible discipline actions.

Governance

Board / Governing Council

NameRoleAffiliation
K. Paul ThomasChairmanMD & CEO, ESAF Small Finance Bank
Surekha MarandiIndependent MemberFormer Executive Director, RBI

Executive Committee / Office bearers

NameRoleAffiliation
Jiji MammenExecutive Director & CEO

Members (0)

OrganisationTypeWebsite

Captured from https://www.sa-dhan.net/what-we-do/sro/ on 2026-09-10. Marketing rosters, not filings — see methodology.

Activity

Social media

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The Sousveillance Stack — who writes, borrows and buys the rules