Formation of Village Welfare Society
Beginning of microfinance operations
VFS is formed under Section 25 of the Companies Act
Acquisition of NBFC
Reclassification by RBI as NBFC-MFI
Drafting of Vision 20-20
VFS turns into a limited company; gets Private Equity funding
VFS sees its Assets Under Management cross
Rs 1,000 crore.
Village Financial Services is renamed VFS Capital.