Jaipur, October 31, 2026: Namdev Finvest Limited, an ICRA A- (Stable) and CARE A- rated non-banking financial company (NBFC) focused on advancing financial inclusion and boosting entrepreneurship across Tier II and Tier III markets, has appointed Mr. Amit Saini as Head of Risk Management. The appointment marks an important step in strengthening the company’s risk management framework and reinforcing its commitment to responsible lending, prudent credit practices and sustainable business growth.
Mr. Saini brings seasoned risk expertise across retail and MSME finance, with a strong track record in risk management and credit underwriting. Having previously served as Chief Risk Officer at Choice Finserv, with leadership tenures at Laxmi India Finance Limited and Aavas Financiers Limited, he brings valuable experience in strengthening risk management frameworks and supporting responsible lending practices.
At Namdev Finvest, Mr. Saini will play a key role in strengthening the company’s risk management practices, enhancing risk assessment frameworks and supporting the development of scalable underwriting processes. His appointment comes as the company continues to expand its presence across underserved markets, where financing requirements often call for a nuanced understanding of business cash flows, borrower profiles and local market dynamics.
Speaking on the appointment, Mr. Jitendra Tanwar, Founder & Managing Director, Namdev Finvest Limited, said, “As we continue to expand our reach and serve more micro and small businesses across Bharat, strengthening our risk management capabilities remains a key priority. Responsible and sustainable lending requires a deep understanding of our customers, disciplined credit assessment and robust monitoring mechanisms. Amit brings valuable experience across the lending ecosystem, and we are confident that his leadership will further strengthen our risk management framework and support our next phase of growth.”
As Namdev Finvest continues to expand its presence across Tier II, Tier III and rural markets, the appointment reinforces its focus on strong risk governance, disciplined underwriting and sustainable growth. Backed by established domestic and international investors, the company remains committed to responsible lending and maintaining portfolio quality.
About Namdev Finvest Limited
Namdev Finvest Limited (Formerly known as Namdev Finvest Private Limited) is a Non-Banking Financial Company (NBFC) focused on advancing financial inclusion by providing accessible credit solutions to underserved and unserved Micro, Small and Medium Enterprises (MSMEs) customers across India. Originally registered under the Companies Act, 1997, and operating under RBI Registration No. B-10.00260, the company has established itself as a trusted financial partner for micro and small entrepreneurs, rural households, and emerging businesses. As of June 2026, Namdev Finvest manages Assets Under Management (AUM) of over ₹1,829 crore and serves more than 46,500+ active borrowers across Tier II+ and beyond markets in 10 states across India. The company operates through a network of 137+ branches and is supported by a team of over 1,650 employees.
The company offers a range of financial solutions, including MSME loans, two-wheeler loans and E-rickshaw loans, helping customers build livelihoods, grow businesses, and improve their quality of life. Driven by a customer-centric approach, Namdev Finvest continues to strengthen its capabilities through technology, process innovation, and responsible lending practices. The company remains committed to enabling entrepreneurship, fostering inclusive growth, and creating sustainable economic impact across rural and semi-urban communities. Namdev Finvest is backed by leading global and domestic investors, including Incofin India Progress Fund, Maj Invest, British International Investment (BII), and LC Nueva. The company has also established strong partnerships with reputed Financial Institutions such as State Bank of India, FMO, Franklin Templeton, IDFC FIRST Bank, Kotak Mahindra Bank, IIX, DWM, and BlueOrchard among others. Reflecting its strong business fundamentals and prudent financial management, Namdev Finvest’s long-term credit rating was upgraded to A- by ICRA (Investment Information and Credit Rating Agency of India Limited).
The company has also been recognized for its workplace culture, governance standards, sustainability efforts, and social impact. It accolades includes the Great Place to Work® Certification, Excellence in ESG & Sustainability Initiatives at the IBEX India 2025 BFSI Awards, the Pride of Rajasthan Award (2022), the Emerging Brand Award for Excellence in Branding and Marketing at the Rajasthan Leadership Awards 2025, Special Recognition in the Best NBFC category at the ET Rajasthan Business Awards 2024 and the Winner Award at the 7th ICC Social Impact Awards 2025 for promoting education in the SME category. Further reinforcing its commitment to responsible and sustainable financial inclusion, Namdev Finvest has secured the Gold-Level Client Protection Certification from MicroFinanza Rating (MFR) and the prestigious Stakeholder-Verified Orange Seal Certification from Impact Investment Exchange (IIX), underscoring its dedication to responsible lending, client protection, and creating measurable social impact.
