New Delhi, May 5: Religare Finvest Limited (RFL), a Small and Micro Enterprises (SME)-focused NBFC, today announced the appointment of Karthik Srinivasan as its Chief Executive Officer.
A seasoned business leader with over three decades of experience across banking, financial services, and large-scale operations, Srinivasan brings deep strategic expertise and execution capabilities to lead Religare Finvest into its next phase of growth.
In his new role, Srinivasan will be responsible for formulating and executing the company’s strategy to build a scaled, multi-line NBFC. His focus will include expanding a robust phygital distribution network, strengthening risk management frameworks, and enhancing credit delivery using advanced technologies, including AI-led solutions. He will also work toward building a high-performing organization and fostering a resilient, growth-oriented culture.
Arjun Lamba, Executive Director at Religare Enterprises Limited, said,
“We are delighted to welcome Karthik Srinivasan as Chief Executive Officer of Religare Finvest Limited. His deep domain expertise and proven leadership will be instrumental in scaling the business. With strong capital backing and long-term support, we are well positioned to expand our presence in the SME lending space.”
Prior to joining RFL, Srinivasan spent over a decade at HDB Financial Services, where he played a key role in building and scaling consumer and asset finance portfolios across multiple product lines. He also contributed significantly to the company’s digital transformation initiatives. Earlier in his career, he held leadership roles at Intelenet Global Services / Serco and worked with leading domestic and international financial institutions. He has also been involved in entrepreneurial ventures in the education and technology sectors.
Commenting on his appointment, Karthik Srinivasan said,
“I am delighted to join Religare Finvest at a pivotal time. My focus will be on strengthening core business fundamentals, investing in people and capabilities, and building a resilient institution that can sustain long-term growth.”
Srinivasan holds a B.Tech in Electrical Engineering from Indian Institute of Technology Delhi and a PGDM in Accounting and Finance from Indian Institute of Management Bangalore.
This appointment comes at a significant juncture for Religare Finvest. Following the Reserve Bank of India’s removal of the Corrective Action Plan (CAP) restrictions, the company is now well-positioned to resume and scale its lending operations. Strengthened by improved institutional standing and a solid capital base, RFL is set to accelerate growth and expand its SME lending footprint.
Indranil Choudhury, Group Chief Human Resources Officer at Religare Enterprises Limited, added,
“Karthik brings a rare combination of strategic clarity and execution excellence. His leadership will be key in building a resilient organization and driving sustainable growth.”
With this leadership transition, Religare Finvest signals a strong intent to move forward with renewed momentum, leveraging technology, capital strength, and strategic leadership to unlock long-term value.
