COMPOSITION OF THE BOARD
The Board has a strength of seven Directors. The Board comprises of Non- Executive Chairman, three Independent Directors (including Chairman), two nominee Directors, a Non- Executive Director and a Managing Director. The Non-Executive Chairman and Independent Directors bring strategic and independent judgment in the board's deliberation and decisions.
The Directors have wide experience in the field of Banking, Finance, Business Development, Taxation, Business Advisory, Audit and Risk Management.
The Composition of Board is as follows:
Sr. No. |
Names of Board members |
Designations |
|
Mr. Balakrishnan Krishnamurthy |
Chairman and Independent Director |
|
Mr. Anil Kothuri |
Managing Director & CEO |
|
Ms. Gauri Rushabh Shah |
Independent Director |
|
Mr. P.R Seshadri |
Independent Director (Additional Director) |
|
Mr. Shyam Srinivasan |
Non- Executive Director |
|
Mr. Maninder Singh Juneja |
Nominee Director |
|
Mr. Ashutosh Khajuria |
Nominee Director |
COMPOSITION OF VARIOUS BOARD COMMITTEES:
AUDIT COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Ms. Gauri Rushabh Shah |
Chairperson |
|
Mr. Balakrishnan Krishnamurthy |
Member |
|
Mr. Ashutosh Khajuria |
Member |
|
Mr. P. R. Seshadri |
Member |
NOMINATION AND REMUNERATION COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Ms. Gauri Rushabh Shah |
Chairman |
|
Mr. Balakrishnan Krishnamurthy |
Member |
|
Mr. Shyam Srinivasan |
Member |
|
Mr. Maninder Singh Juneja |
Member |
|
Mr. P.R. Seshadri |
Member |
RISK MANAGEMENT COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Mr. P.R. Seshadri |
Chairman |
|
Mr. Balakrishnan Krishnamurthy |
Member |
|
Ms. Gauri Rushabh Shah |
Member |
|
Mr. Ashutosh Khajuria |
Member |
|
Mr. Maninder Singh Juneja |
Member |
|
Mr. Anil Kothuri |
Member |
|
Mr. Shardul Kadam |
Member |
|
Mr. C.V. Ganesh |
Member |
|
Mr. K. Siddharth |
Member |
IT STRATEGY COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Ms. Gauri Rushabh Shah |
Chairperson |
|
Mr. Anil Kothuri |
Member |
|
Mr. P. R Seshadri |
Member |
|
Mr. K. Siddharth |
Member |
|
Mr. Maninder Singh Juneja |
Member |
|
Mr. Dhrumil Dalal |
Member |
|
Mr. Dinesh Singh |
Member |
CORPORATE SOCIAL RESPONSIBILITY (CSR) COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Ms. Gauri Rushabh Shah |
Chairperson |
|
Mr. Shyam Srinivasan |
Member |
|
Mr. Anil Kothuri |
Member |
STAKEHOLDERS RELATIONSHIP COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Mr. P. R Seshadri |
Chairman |
|
Mr. Balakrishnan Krishnamurthy |
Member |
|
Ms. Gauri Rushabh Shah |
Member |
|
Mr. Anil Kothuri |
Member |
CAPITAL RAISING COMMITTEE
Sr. No. |
Names of Committee members |
Designation |
|
Mr. Balakrishnan Krishnamurthy |
Chairman |
|
Ms. Gauri Rushabh Shah |
Member |
|
Mr. Ashutosh Khajuria |
Member |
|
Mr. Maninder Singh Juneja |
Member |
|
Mr. Anil Kothuri |
Member |
|
Mr. P.R Seshadri |
Member |
COMMITTEE OF DIRECTORS (OPERATIONS)
Sr. No. |
Names of Committee members |
Designation |
|
Mr. Balakrishnan Krishnamurthy |
Chairman |
|
Ms. Gauri Rushabh Shah |
Member |
|
Mr. Ashutosh Khajuria |
Member |
|
Mr. Anil Kothuri |
Member |
NOMINATION & REMUNERATION POLICY
POLICY AGAINST SEXUAL HARASSMENT
POLICY FOR PRESERVATION OF DOCUMENTS
INTERNAL GUIDELINES ON CORPORATE GOVERNANCE
ENTERPRISE RISK MANAGEMENT POLICY
POLICY FOR DETERMINATION OF MATERIALITY
POLICY FOR EVALUATION OF PERFORMANCE OF BOARD OF DIRECTORS
POLICY FOR FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS
POLICY TO PROMOTE DIVERSITY OF BOARD OF DIRECTORS
POLICY ON RELATED PARTY TRANSACTIONS
CODE OF PRACTICES AND PROCEDURES FOR FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION
Interest rate being charged is based on various factors like cost of funds, margin, risk premium, un-allocable expenses among other things. As far as risk premium is concerned, it will be based on variables like Profile, underlying security, tenure, other terms and conditions etc.
Asset Liability Committee (ALCO) has been authorised by Board for the purpose of laying out appropriate internal principles and procedures in determining interest rates and other charges. ALCO comprises of Head of the organization along with relevant head of the departments. ALCO has product pricing as one of the responsibilities among other things authorised by Board.
The Board of Directors of the Company or a Committee drawing power from the Board, while fixing interest rates shall be guided by this document on Interest Rate Determination. In addition to basic cost elements, the Board or the Committee shall be guided by the market conditions and various rules and regulations, if any, prescribed by the Reserve Bank of India or such other competent authority from time to time.
Interest charged for various products / Schemes shall have the following components:
1 Base Rate
3. Penalty Charges
1 Cost of Funds
2 Overhead Cost
3 Return on Capital Employed
2. Role, Duties, Responsibilities and Expectations
3. Time Commitment:
4. Remuneration:
5. Disclosure of Interest:
6. Confidentiality:
7. Governing Law
THE RESERVE BANK - INTEGRATED OMBUDSMAN SCHEME, 2021
Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans by NBFCs
Salient Features NBFC Ombudsman Scheme - English
Salient Features NBFC Ombudsman Scheme - Gujarati
Salient Features NBFC Ombudsman Scheme - Hindi
Salient Features NBFC Ombudsman Scheme - Kannad
Salient Features NBFC Ombudsman Scheme - Malayalam
Salient Features NBFC Ombudsman Scheme - Marathi
Mr. Sumit Kakkar, Nominee Director, resigned from the Board of Directors of the Company w.e.f. 13th March, 2020
Mr. Dilip Sadarangani, Independent Director, retired from the Board of Directors of the company w.e.f 8th September 2019
Mr. Ganesh Sankaran, Nominee Director, resigned from the Board of Directors of the company w.e.f 15th February 2019
Mr. Rajagopalan Santhanam, Nominee Director, resigned from the Board of Directors of the company w.e.f 20th December 2018
Mr. Suresh Kumar, Independent Director, resigned from the Board of Directors of the company w.e.f 19th June 2017.
Mr. Ujwal Thakar, Independent Director, resigned from the Board of Directors of the company w.e.f 5th August 2016.
Anil Kothuri-MD & CEO
C.V.Ganesh- Chief Financial Officer
S. Rajaraman- Company Secretary & Compliance officer
Anila Rajneesh
Jagadeesh Rao
K Sureshkumar
Ramachandra R
Shardul Kadam
K. Siddharth
Vikas Mohan Srivastava
Company has 3 Selling and Servicing Agents, which are as follows:
1. New Opportunity Consultancy Private Limited (NOCPL)
2. Svasti Microfinance Private Limited
3. Si Creva Capital Services Private Limited (Kissht)
DEBENTURE TRUSTEE OF FEDBANK FINANCIAL SERVICES LIMITED.
For Secured Non convertible Debentures & Subordinate debt – Non Convertible Debentures
IDBI Trusteeship Services Limited |
|
Address: |
Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard Estate, Mumbai – 400 001, Maharashtra |
Email: |
|
Tel: |
02240807000 |
For Principal Protected Market Linked Debentures -- Non Convertible Debentures
Beacon Trusteeship |
|
Address: |
4C & D Siddhivinayak Chambers, Gandhi Nagar, Opp MIG Cricket Club Bandra (East), Mumbai 400 051 |
Email: |
compliance1@beacontrustee.co.in |
Tel: |
022-26558759 |
Customer Education Literature on SMA/NPA
In case you are an Investor and need any information or data, write to |
|
Name: |
Mr. S. Rajaraman |
Address: |
Fedbank Financial Services Limited Kanakia Wall Street, A Wing, 5th Floor, Unit No.511, Andheri Kurla Road, Andheri (East) Mumbai -400093, Maharashtra |
Email: |
|
Tel: |
+91 022 68520601 |
Kindly mention your Name, PAN, DP ID and Client ID when you write to us. |
Link Intime India Private Limited |
|
Address: |
C 101, 247 Park, Lal Bahadur Shastri Marg , Vikhroli (West), Mumbai - 400 083, Maharashtra |
SEBI registration no |
INR000004058 |
Email: |
|
Tel: |
02249186200 |
Credit Rating for Secured NCD | ||
Rating Agency | Rating | Rating Date |
CARE Edge | CARE AA; Stable | December 27, 2022 |
Credit Rating for Subordinated Debt NCD & Secured Principal Protected-Market Linked Debentures- NCD | ||
Rating Agency | Rating | Rating Date |
India Ratings | IND AA- / Stable | December 20, 2022 |