
Small and Medium-sized Enterprises (SMEs), on the other hand, have been key drivers of Indian economy. SMEs contribution to Indian GDP is around 17%. They account for around 45% of total Indian manufacturing output and employ 40% of the workforce. However, they face challenges such as low capital base, inaccessibility to credit and lack of technological innovation. NBFCs help in bridging this gap partially by availing funds and bringing SMEs to formal credit system.
Anand Rathi Global Finance Limited (ARGFL), a venture of the Anand Rathi Group (ARG), takes pride in being one such institution that is providing finance to SMEs and helping these businesses grow. Lending to SMEs is our latest product offering in the NBFC space. The product is for small enterprises aiming to grow in their line of business. Our focus continues to be on the quality of the business and the people we finance.
We are amongst 278 Non-Deposit taking Systemically Important NBFCs in India as announced by RBI and have therefore been given additional rights like use of SARFAESI.
Anand Rathi
Chairman, ARG
Our Vision
To become a preferred financer in retail mortgage space by providing best in class services in terms of TAT and overall end-to-end process thereby giving enhanced customer/channel experience.

Our Mission
To finance the SMEs for their business requirements and play a pivotal role in nation building.

Leadership Team

Jugal Mantri is the Director and CEO of Anand Rathi Global Finance (ARGFL), the Group’s non-banking financial services company. He has been with the Group since 1994 and played an integral role in shaping the Group as one of India’s leading financial institutions. He is responsible for the overall financial management of the Group, including fund/capital raising, corporate accounting and management, financial planning and analysis, corporate treasury, corporate investments and taxation. Besides this role, he is leading the Group’s lending arm ARGFL with his diverse experience and expertise across the financial spectrum.
Jugal Mantri started his professional journey with M/s. Haribhakti and Co. as an Article Trainee and subsequently completed industrial training with Tata Finance Ltd. He is a rank holder Chartered Accountant and has done Senior Management Programme from IIM Ahmedabad.
Earlier, he has played key role in Corporate Advisory Services involving Business Structuring, implementation of MIS and Financial and Corporate Structuring with various companies in India and Thailand.

Simranjeet Singh comes with a rich experience of more than 20 years in the financial services industry and has been associated with Organizations like Fullerton India Credit Company Limited, Barclays Investments & Loans India Limited, GE Money, ICICI Prudential Life Insurance Company Limited & Cholamandalam Investments & Finance Company Limited. He comes with an enriched experience of all retail lending products including Loan against property, Business instalment loans, Unsecured loans & Auto loans. Prior to joining ARGFL he was holding a leadership position with Fullerton India Credit Company Limited as General Manager & National Head managing Loan against property & SME business.
He is holding a Master of Business Administration (Marketing) along with a Bachelor’s degree in Engineering.

Vinod Kathuria comes with an unblemished service record of 38 years, with expertise in key banking areas such as Corporate Credit, Recovery, Retail Lending, Treasury Operations, International Banking Business and Financial Inclusion. He has worked with Punjab National Bank for 36 years at various leadership positions including Treasury Head. Prior to Joining Anand Rathi Global Finance, he was Executive Director of Union Bank of India.
He regularly contributes as a Resource Person in various committees and conferences on micro and macro-economic policy issues.
He has done M.Com. from University of Delhi and CAIIB from Indian Institute of Banking & Finance.

Dinesh Kumar Gupta is having more than 32 years of experience in Banking & Financial sector. In professional career, he has worked with banks like Union Bank of India in different positions in Branch Banking, Lending business & NPA recovery.
His last position with Union Bank of India was as Deputy General Manager.

Ashwani Tyagi comes with extensive experience of 22 years, having worked in Mortgage sector, Retail broking & Insurance sector. He has been associated with companies like Shriram Housing, Manappuram Home Finance, Axis Securities, Bharti AXA & Max New York Life during his professional career.
In the career span of more than 2 decades, he has worked in different leadership position in Sales, Business Development, Channel Management & Marketing.
Ashwani has done B.E. (IE) and PGDBM from Mumbai.

Maheshwar Singh has 23 years of work experience out which 17 years expertise in field of Collections and Recoveries, having experience in almost all including retail unsecured and secured products. He has spent longer association and major of his life span with Kotak Mahindra Bank Limited.
Maheshwar has pursued his Law from Mumbai University.

Pravin Acharya comes with total work experience of close to 20 years, having worked in Mortgage sector for more than 18 yrs along with Mutual Funds & Insurance for 2 years. He has been associated with companies like Indostar Capital, Indusind Bank, Bajaj Finserve, India Bulls Housing Finance and BHW Birla during his professional career.
In the career span of more than 2 decades, he has worked in different leadership positions in Sales & Marketing, Business Development & Channel Management.
Pravin has done his MBA specialized in Marketing & finance from Mumbai.

M Ameer comes with rich experience of more than 10 years, having worked in Mortgage sector with companies like India Infoline (Money Line), Capital First Limited, Indo Star Capital Finance Limited during his professional career.
In the career span of 10 years, he has worked in different leadership positions in the area of business development.
Ameer has done B.Com.

Narendra Maghudia is an astute professional with nearly 18 years of experience in the areas of Retail lending business and secured lending business with Fullerton India Credit Company Limited, Barclays Bank and Citibank.
In the career span he has worked in different leadership position in Merchant business, Credit Card Sales, Business loans and LAP/SME loans.
Narendra Maghudia has done MBA from Sikkim Manipal University.