Page 43 - Top 10 India's Financial Startup 2019
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Enterprise, Fullerton India, a Inclusion and Rural Partnerships. efficient credit delivery system
leading NBFC and RBL Bank, one and working on a partnership
of the fast growing Private Sector Objective of ValueFin India approach that shall help Agro &
Bank in India. During his career ValueFin India’s objective is Micro Enterprises, unlock their real
he had handled businesses and to purvey financial services potential and grow profitably.
loans more than USD 1500 Mn. digitally to Rural India , especially
He has managed Rural Banking, address the credit needs of small The segment in which we are
Retail agriculture Finance, MSME, Enterprises in Agro and MSME operating offers a massive
Small Business, Agro-Processing, segment, Small Businesses & more than US$600 bn market
Warehouse and Commodity Clean energy in a timely manner, opportunity. As company we are
Finance, Renewable Energy ease the documentation process expecting that in a span of five
Finance, Rural and Government through digitalisation of processes, years we can build a high quality
Schemes business. He has been improves turnaround time (TAT) retail asset book of the size of
instrumental in successfully setting and delivers credit at affordable US$1 bn (Rs 7000 cr) with a
up, growing and building Rural rates, by bringing in more cumulative loan disbursement of
Financial Services businesses in efficiency and cutting on unwanted INR 12,000 Cr. ValueFin India
various institutions. He has strong costs. plans to extends retail loans for
retail distribution, relationship Imagining the Future building business or enterprise
management, credit, risk and In wide sense, ValueFin India, development to over 100,000 Agro
operations management experience. aims to play a role in enabling and and MSME enterprises including
He is involved in series of new strengthening the rural business Farmer Producer Companies (FPC)
initiatives in Digital Solutions ecosystem, with digital technology, across the country.
for Rural Businesses, Financial
“ of business, having good field team
Building on strong understanding
and riding on digitally enabled
efficient credit delivery, we will
One of the far reaching benefits of
financing of the Agro, MSME, Small and be able to offer affordable rate of
interest as also efficient services
Rural businesses is that it will create to our rural customers and offer
attractive 20 percent Return on
numerous employment opportunities Equity to our investors.
across Rural India Benefits Of Financing Of The
Agro & Rural Businesses
One of the far reaching benefits
of financing of the Agro, MSME,
Small and Rural businesses
“
is that it will create numerous
employment opportunities
across Rural India over the
next five years, ValueFin India,
aims to create more than 5 lakh
employment opportunities across
the country, besides enabling many
Agro and Small Rural enterprises
to its growth trajectory. ValueFin
India aims to make a strong case
that Priority Sector Lending can
be turned profitable opportunity
rather than an obligation, as being
perceived today.
November 2019 43
