Fincare Business Services Ltd.

Fincare Small Finance Bank


Ms. Sunakshi Agarwal - Director

Ms. Sunakshi Agarwal is a Graduate in Economics (Hons.) from Jadavpur University, Kolkata and has a Post-Graduation Diploma in Rural Management (PGDRM) from Institute of Rural Management, Anand (IRMA)

She has been part of Lok Management Services Private Limited (“LMSPL”) for over 4 years. She has been instrumental in expanding LMSPL’s ‘Bank partnership business model’ with two major banks of India. As a Product Manager, she has worked in setting up the Operating Model and facilitated reach of Financial Services to approximately 1 Lakh customers across Madhya Pradesh, Gujarat, Tamil Nadu and Pondicherry, adding Rs 300 Crores over FY 2014-16 to LMSPL’s business. She has also led multiple strategic projects of LMSPL, such as automation of Loan Origination systems, SMS Alerts to customers, Registration of the company with UID for Adhaar Verification as well as Cashless Disbursements using Prepaid Card to its Customers. She has been appointed as a Whole Time Director of Lok Management Services Limited on 18th of May, 2017.

Mr. Satyanarayana Peravali - Independent Director

Mr. Satyanarayana Peravali is a Practising Chartered Accountant professional, has about 36 years of total experience on Financial / Bank Audits and advisory services. He is a Fellow Chartered Account from the Institute of Chartered Accountants of India and also holds the Certificate of Bachelor of Commerce and Certificate of CAIIB (Certified Associate of Indian Institute of Bankers).

As a Practising Chartered Accountant professional, he has conducted Bank Audits for some of the renowned banks like Union Bank of India, ING Vysya Bank, Corporation Bank etc. He was also associated with Future Financial Servicess Limited as Executive Director for 3 years from March 2008 to August 2011. His service includes association with ING Vysya Bank for 12 years and Union Bank of India for 16 years where he served as Assistant Vice President / Associate Vice President ( Credit) and Audit Officer respectively. He is acting as Independent Director of Fincare Business Services Limited.

Ms. Aarti Punmiya - Independent Director

Ms. Aarti Vimalchand Punmiya has over 7 years of experience in the legal field. She is a qualified Company Secretary and also a Member of Bar Council of Maharashtra & Goa. As an Advocate she has independently been involved in drafting of submissions before the Commissioner of Income Tax Appeals and Income Tax Appellate Tribunal over various subjects in Income Tax Matters. Also drafting and serving of Legal notices in certain matters pertaining Wills/Property rights/Trade Mark Infringement. Being a qualified Company Secretary, she has also been concerned with the corporate legal, administration and management work. In the recent past she has been a professional Director for various companies. Considering her professional expertise, it is felt that her appointment on the Board would be of best interest to the Company. She is acting as an Independent Director of Fincare Business Services Limited.