About Reliance Money
In the rapidly progressing Indian economy, every individual plays a crucial role in driving growth. But despite the commendable contribution to the Nation's economy, a majority of Indians do not get access to formal sources of funds. We are here to enable the growth of every individual who empowers the growth of the nation.
We have committed ourselves to the mission of making India independent, in its true sense by enabling every Small and Medium Enterprise (SME) & retail consumer realize their true potential and become self-reliant entities. For the last 9 years, through our customised and convenient financial solutions, we have helped create success stories out of over 4,00,000 MSMEs across the country and disbursed over Rs 88,000 crores to them.
By empowering our customers and helping them realise their business dreams, we hope to power India's journey towards self-reliance.
Retaining the core values of Reliance Commercial Finance Ltd., we have now adopted a new brand name to signify our wide range of financial solutions that cater to our customer's evolving financial needs.
Reliance Commercial Finance is now re-branded as Reliance Money.
Board of Directors
Ravindra Rao, Non-Executive Director of the Company has 22 years of experience in the banking and financial services industry. He has worked across verticals in the consumer lending businesses managing risk management, compliance, distribution, operations and technology. He joins Reliance Group from Fullerton India where he worked for the last six years, with his last assignment being the CEO of its home finance subsidiary. Prior to Fullerton, he was the head of Collections and Fraud Risk Management at Standard Chartered Bank for South Asia. He has also headed Retail Collections at HDFC Bank for a tenure of five years. At the start of his career, he has worked in regional roles in ABN Amro Bank and Bank of America. He is currently the Executive Director & CEO of Reliance Asset Reconstruction Limited.
Ms. Deena Mehta, Independent Director and member of the Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, Risk Management Committee and Stakeholders Relationships Committee. She was first appointed as a Director on March 11, 2016. She is an associate member of Institute of Chartered Accountants of India (ICAI) and fellow member of Securities & Investment Institute of London. She has completed Post Graduation in Management Studies with specialization in Finance from NMIMS and Post Graduate diploma course in Securities Law from Government Law College. She is presently Managing Director of Asit C. Mehta Investment Interrmediates Limited. She has more than 20 years of experience in securities market.
Mr. Dhananjay Tiwari, Executive Director, has more than 25 years of diverse experience in risk monitoring and containment, underwriting, new product development, credit and financial compliance. He is currently the Chief Credit Risk Officer of Reliance Capital Limited (RCL). He joined RCL from Vistaar Financial Services Pvt Ltd where he was Chief Risk Officer. Mr. Dhananjay had a long stint of 14 years with HDFC Bank where he headed the underwriting division. Prior to joining HDFC Bank, Mr. Dhananjay has handled business roles at Kotak, Ford Credit and GLFL. He has been a strong advocate of using technology for process improvisation for deriving higher operational efficiency, productivity, and cost savings. Mr. Dhananjay holds a Bachelor of Engineering degree and a Master of Business Administration from The Maharaja Sayajirao University of Baroda.
Key Managerial Personnel (KMPs)
Ms. Ekta Thakurel, Company Secretary & Compliance officer, an associate member of the Institute of Company Secretaries of India. She has over nine years of experience in the financial sector and has worked with Kotak, HDFC and other notable groups in the field of company law, corporate governance, RBI and IRDA compliances.
Mr. Sandeep Khosla, 38 years, Chief Financial Officer, is a member of the Institute of Chartered Accountants of India. He has around fifteen years of experience in financial sectors and has been part of senior management at Bajaj Finance, Tata Capital and ICICI Bank Limited before joining the Reliance Group.