DVARA KGFS ANNOUNCES THE APPOINTMENT OF TWO NEW INDEPENDENT DIRECTORS TO THE BOARD OF THE COMPANY

Mumbai, 1^st June 2021: Dvara Kshetriya Gramin Financial Services Pvt Ltd, a NBFC operating in remote rural areas of India , has announced the appointment of two new independent directors, Mr. Raman Uberoi and Mr. Parveen Kumar Gupta, to the Board of the company.

 

The appointments would support in broadening the overall expertise of the Board and will bring wide experience particularly in the areas of corporate governance and various laws.

Mr. Raman Uberoi comes with nearly three decades of experience of working in the financial services industry in India. Previously he has worked in CRISIL, India’s leading rating and research company for 24 years in various position like the COO and President and Head of the Ratings business. He has extensive understanding of corporate India; industries, companies and managements and the risk architecture.

Mr. Parveen Kumar Gupta is the former Managing Director of Retail and Digital Banking at State Bank of India, the largest commercial bank in India. During a career of over 37 years, he worked across multiple functions and businesses including retail, risk, compliance, treasury, international banking, investment banking, private equity etc.

Mr. Raman Uberoi commented, “I am delighted to join the Board of Dvara KGFS and participate in this journey of boosting prosperity in rural India.”

Welcoming Mr. Raman Uberoi and Mr. Parveen Kumar Gupta to their new roles Ms. Bindu Ananth, Chairperson, Dvara KGFS, commented, “We are delighted to welcome Mr. Gupta and Mr. Uberoi to the Dvara KGFS Board. Their guidance and oversight will help the Company scale up its unique model of delivering full financial services in rural India”

About Dvara KGFS -  

Dvara KGFS, a systematically important NBFC in the Dvara Group regulated by RBI, works with a mission to maximise the financial well-being of every individual and every enterprise by providing complete access to financial services in remote rural India. Dvara KGFS has a strong presence in Tamil Nadu, Uttarakhand, Karnataka, Chhattisgarh, Jharkhand and Odisha, spread across 48 Districts with 308 branches and more than 1.1 million enrolled customers.