Finnable Appoints Ex‑RBI Chief GM as Director

Appointment Announcement

Finnable announced that Shrimohan Yadav, a former Chief General Manager of the Reserve Bank of India’s Department of Regulation, has been appointed as an Independent Director on its Board, with the appointment taking effect in February 2026.

Professional Background of Shrimohan Yadav

Yadav brings a total of 36 years of banking experience, comprising 29 years at the RBI where he was involved in supervision, regulation and financial inclusion, and an earlier seven‑year stint as a commercial banker at a large public‑sector bank. He served five years as the Chief General Manager of the RBI’s Department of Regulation, heading divisions responsible for bank and NBFC ownership, licensing and governance matters. He contributed to the RBI’s Internal Working Group on Ownership Guidelines for Private Sector Banks and to the 2020 Discussion Paper on Governance in Banks, and was a member of the Financial Stability Board’s Compensation Monitoring Contact Group in Basel.

Current Roles and Advisory Activities

In addition to the Finnable board seat, Yadav is an Independent Director on the boards of slice Small Finance Bank and Capri Global Housing Finance. He also acts as a Senior Advisor to Stride One Capital and IndusLaw, and mentors fintech firms on regulatory issues through the RBI Innovation Hub.

Finnable’s Business Profile

Finnable, a fast‑growing non‑bank financial company (NBFC) that operates a digital‑first lending platform, was founded by Nitin Gupta and Amit Kumar Arora. As of June 2026, the group manages assets under management of approximately ₹4,000 crore. Its product suite includes personal loans, loan‑against‑property (LAP) and broader consumer‑finance offerings, all delivered through technology‑driven processes, data‑based underwriting and a customer‑centric approach.

Management Commentary

Chief Executive Officer Nitin Gupta said that Yadav’s regulatory expertise will sharpen Finnable’s governance as the company scales under the RBI’s evolving supervisory framework. Yadav expressed his commitment to contributing to Finnable’s vision of providing simple, fast and fair credit to underserved working professionals.

Significance

The appointment adds direct regulatory insight on licensing, governance and NBFC oversight to Finnable’s board, aligning with the company’s growth trajectory and the broader supervisory environment for NBFCs in India.