Kotak Mahindra Bank

Business

Vivek Bansal and Sunil Daga to Launch MSME-Focused NBFC, Saarathi Finance

Vivek Bansal, Group CFO at InCred, and Sunil Daga, President at Kotak Mahindra Bank, are set to launch Saarathi Finance, an MSME-focused NBFC, after completing their notice periods. Saarathi Finance, registered in August and based in Mumbai, has applied for an NBFC license from the RBI and is in talks to raise Rs 600 crore in equity, aiming for a…