Our Lending Org gets stronger with Sachin Bawari joining as a Head of Risk

May 10, 2022

We are pleased to announce the appointment of Sachin Bawari as Head of Risk. With our plan to become a Digital bank for MSMEs before the end of 2022, Lending is an essential business pillar. We will continue strengthening our MSME Lending org, which currently has 45 employees.  

Sachin will be leading a team responsible for managing risk and underwriting while ensuring the growth of the lending business at Khatabook. As a function leader, Sachin will play a crucial role in defining the Risk Strategy & Framework, lendable set of customers, underwriting policies, operating processes & the optimal risk v/s return expectations.  

Sachin is a seasoned professional in underwriting and risk and has a track record of managing portfolio risk across customer segments (MSME, large corporates & retail) and products (secured & unsecured). Before joining Khatabook, Sachin was associated with a Fintech NBFC, NeoGrowth Credit Pvt. Ltd., where he was Exec. Vice President – Credit Policy, Portfolio Risk & Internal Controls. Sachin’s extensive experience in the BFSI segment includes working with Edelweiss Retail Finance, HDFC Bank, and ICICI Bank. An alumnus of the Indian Institute of Management (IIM), Calcutta, Sachin is a rank holder in his Executive Programme in Applied Finance. 

Ravish Naresh, CEO, and Co-founder, of Khatabook, commented, “Setting up a robust team and leadership is our top strategic priority as we progress towards establishing Khatabook Digital Bank for MSMEs. Risk is a dynamic aspect of our lending business, and hence, I am excited to have Sachin on board to lead it. With his experience, Sachin brings qualities like sharp risk assessment, deep understanding of the various segment behaviours, and proven track record with efficient operations, policies, and growth.”   

Sachin Bawari, Head of Risk, Khatabook, said, “I am delighted to be a part of Khatabook. I look forward to contributing to setting up a lending business at the Khatabook Scale of the userbase, spread across every district in India. I believe that we are set to enable the transformation of small businesses in our country. With Khatabook’s digital capabilities, we will drive access to the finance for millions.”