back Back

Rajnish Kumar joins BharatPe Board as the Chairman

By Leandra Monteiro

October 12, 2021

  • Bharatpe
  • Chairman
  • FinTech
Share

BharatPe, Rajnish KumarBharatPe, one of India’s fastest growing FinTech companies, today announced the appointment of Rajnish Kumar on its Board. Rajnish Kumar, one of the most respectable names in the banking industry in India and erstwhile Chairman of SBI, will also be the Chairman of Board.

Rajnish will be involved in defining the Company’s short-term and long-term strategy, and also will work closely with the other Board Members and CXOs on key business and regulatory initiatives. He will also advice and counsel the Management on matters around business performance as well as corporate governance.

Rajnish Kumar is one of the most respectable names in the Indian banking industry. An industry veteran, he has held the position of Chairman of the State Bank of India. He became the Chairman of State of Bank of India in October 2017 and ended his three-year term in October 2020. He has also served as Managing Director (National Banking Group), and the Managing Director (Compliance & Risk) of SBI. The senior bank official previously also headed the SBI Capital Markets Limited (the Merchant Banking arm of State Bank of India) as Managing Director and Chief Executive Officer, prior to becoming Managing Director in SBI. He is also an independent non-executive director at HSBC Bank, Asia and L&T Infotech.

Commenting on the appointment, Ashneer Grover, Co-Founder and Managing Director, BharatPe said, “It is a matter of great validation and pride for us that one of the biggest stalwarts of the Indian Banking Industry has agreed to join BharatPe as the Chairman of the Board. We look forward to invaluable guidance from Rajnish Kumar as we build India’s largest digital credit provider. We are confident that under his able guidance, BharatPe will attain newer heights and build the best-in-class Fintech for the new India.”

Added Rajnish Kumar, “In just 3 years, BharatPe has come a long way in becoming a trusted name in the financial services industry. It has redefined payments with its products like interoperable QR and has also emerged as the largest B2B lender in the industry. This company has a huge opportunity ahead and it would be great to work closely with its young and talented team to build financial services for the India of tomorrow.”

Previous Article

October 11, 2021

RV Depot to deploy Scienaptic’s AI-Powered credit decisioning platform

Read More
Next Article

October 12, 2021

Cellulant Board announces appointment of Akshay Grover as Chief Executive Officer

Read More










IBSi Daily News Analysis

Payments, holidays, Black friday

November 29, 2022

Bharatpe

Black Friday sales could surge £200m if payments didn’t fail, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Sabre, Conferma Pay, and Mastercard partner to power the travel economy with virtual cards

Read More

Today

Tranch rolls out flexible payments solution for Goodwin clients

Read More

Today

Paysafe and Virgin Voyages partner for online payments

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q3 2022

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q3 2022

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022