Rajnish Kumar, former chairman of the State Bank of India, has been appointed as an advisor to Indifi Technologies, a lending platform for SMEs. Kumar will work with management on the company’s growth plan and offer guidance in the financial services sector in this capacity. He currently serves on the boards of several companies, including HSBC Asia Pacific, L&T Infotech, Hero MotoCorp, and BharatPe. 

The MSME sector and its credit gap has been a serious problem for India, Kumar said of his appointment to Indifi’s Advisory Board. Indifi is making significant progress in this area. Their ecosystem-based lending strategy has taken advantage of digital platforms used by MSMEs and advancements in data and technology. He is excited to work with the Indifi team to unlock future growth opportunities and create value for stakeholders.

They are delighted to welcome Mr. Kumar to the Advisory Board.  He is widely regarded as a Digital India torchbearer. This, combined with his experience and knowledge of the banking and financial services industries, will be extremely beneficial to Indifi’s goals of increasing credit inclusion among Indian MSMEs. With his direction and guidance, they look forward to unlocking new growth opportunities, stated Alok Mittal, CEO, and Co-Founder of Indifi Technologies.

About Indifi Technologies

Indifi believes in assisting small businesses in growing by providing loans to those with potential and intent. Most of these businesses have little or no access to financing from traditional institutions like banks, and they lack either collateral or a finance data trail to access loans. Indifi is a technology platform that collects and analyses data from various sources about businesses to derive insights into their creditworthiness, past and current performance in the context of the industry in which they operate.

For more information, visit https://www.indifi.com

Leave a Reply

Your email address will not be published.