Religare Finvest Appoints Karthik Srinivasan as CEO

Religare Finvest Limited (RFL), an NBFC focused on micro and small enterprises, has appointed Karthik Srinivasan as Chief Executive Officer.

A seasoned leader with over 30 years of experience across banking, financial services, and large-scale operations, Mr. Srinivasan will steer RFL’s next growth phase.

As CEO, he will define and execute a strategy to build a scaled, multi-line NBFC by expanding a phygital distribution network, strengthening risk management, and improving credit delivery using modern technology and AI across workstreams.

He will also focus on mentoring a high-performing, resilient organisation capable of sustaining growth through credit and business cycles.

“We are delighted to welcome Karthik Srinivasan,” said Arjun Lamba, Executive Director, Religare Enterprises Limited. His deep domain expertise and leadership will be pivotal in scaling the business. Backed by Religare’s capital foundation and the Burman family, we are well-positioned to expand in the SME lending space.”

Karthik Srinivasan joins from HDB Financial Services, where he led Consumer and Asset Finance portfolios and guided the company’s digital transformation. His earlier roles include operating leadership at Intelenet Global Services / SERCO and entrepreneurial ventures in education and technology. He holds a B.Tech (IIT Delhi) and a PGDM in Accounting and Finance (IIM Bangalore).

“I look forward to strengthening fundamentals, investing in people, and building a resilient institution,” Karthik Srinivasan said.

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This appointment follows the RBI’s removal of CAP restrictions and the fraud tag, restoring creditor confidence. RFL now enters this chapter cash-rich with approximately ₹400 crore to scale lending and rebuild its portfolio.

About Religare Finvest

Religare Finvest Limited (RFL), is a Small and Medium Enterprise (SME) financing-focused NBFC. With a wide network of branches, RFL is committed to providing debt capital to power the growth of the SMEs.

RFL understands that each financial need is unique and offers customized solutions to empower the customer to prosper. With a belief that the customer’s success is their success, its presence across all major cities plays a vital role in nurturing the customers’ business.

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