Skip to main content

Posts

Namdev Finvest Appoints Ex-Choice Finserv CRO Amit Saini: Inside The ₹1,831Cr MSME Strategy

Scaling a loan book past ₹1,800 crore is a massive operational victory. Protecting it from default is where the real war begins. In a heavily calculated strategic move, Jaipur-headquartered NBFC Namdev Finvest has officially appointed veteran credit architect Amit Saini as its new Senior Vice President – Risk . Announced on October 30, 2026, this high-profile induction comes precisely as the company’s Assets Under Management (AUM) surge past the ₹1,831 crore mark. This leadership overhaul is not happening in a vacuum. Just as Saarathi Finance recently appointed Alok Aggarwal to lead its MSME charge , Namdev Finvest is bringing in heavy artillery to fortify its credit governance. For investors and financial analysts, this signals a massive shift from sheer geographic expansion to ruthless portfolio quality control. Former Choice Finserv CRO Amit Saini joins Namdev Finvest to architect risk governanc...
Recent posts

Saarathi Finance Appoints Ex-Muthoot CEO Alok Aggarwal: Inside The New MSME Masterplan

The race to dominate India's multi-billion dollar MSME credit deficit just escalated. Data consistently shows that leadership dictates portfolio quality. In a highly calculated executive maneuver, rapidly expanding non-banking financial company (NBFC) Saarathi Finance has officially appointed Alok Aggarwal —the former CEO of Muthoot Homefin—as its new President & Group Head . As we continuously track in our premium weekly dispatches , aggressive AUM expansion in the MSME sector requires ironclad risk management. This appointment signals Saarathi's transition from sheer geographical scaling to institutional, data-driven profitability. Subscribe to the Capital Context Newsletter for deep-dive financial analysis ➔ Veteran banker Alok Aggarwal steps in as President & Group Head at Saarathi Finance to steer its rapidly expanding secured MSME portfolio. The Strategic ...

Closed Loan Still Active in CIBIL? Claim ₹100/Day RBI Penalty

By ArthaShala Financial Desk  |  Updated: November 7, 2026  |  ✓ Fact-Checked Against RBI Master Directions (July 2026 Update) Picture this frustrating financial trap: You pay off the final EMI of your personal loan, vehicle loan, or home loan. You collect your closure confirmation and breathe a massive sigh of relief. Months later, you apply for a lower-interest loan or a premium credit card—only to face an instant algorithmic rejection . Why? Because your CIBIL report still shows that closed loan as "Active" with an unpaid balance . You do not have to beg customer care endlessly to fix this. Under the Reserve Bank of India (RBI) statutory framework, banks and credit bureaus must resolve your correction complaint within 30 calendar days —or pay you a mandatory penalty of ₹100 per calendar day of delay . Furthermore, with the RBI's revised credit reporting schedule requiring lenders to submit borrower updates on the ...