Mumbai, 01 Oct 2018 (GPN) : NBFC-P2P Lending major PaisaDukan today announced that former ICAI president & monarch of Finance Industry Mr. Uttam Prakash Agarwal has accepted to join the company as an Independent Director. PaisaDukan was the first new entrants to receive the Certificate of Registration from Reserve Bank of India in May 2018 to operate as NBFC-P2P Company.
CA Uttam Prakash Agarwal needs no introduction in finance industry. He was elected as one of the youngest President of the Institute of Chartered Accountants of India for the year 2009-10, he also holds the honorary membership of The Institute of Chartered Accountants of Australia and CPA Australia. His professional excellence has been recognized nation-wide by the Honorable “President of India, Her Excellency Smt. Pratibha Devisingh Patil” with “Recognition of Excellence Award”.
Commenting on the development Mr. Rajiv Ranjan, Founder & CMD PaisaDukan said “I am delighted that Mr. Agarwal agreed to join the board of PaisaDukan. Now we have strongest company board with cumulative experience of more than 200 years. With his exceptional experience in Finance Industry will be of great benefit to PaisaDukan and company will setup further benchmarks in P2P lending industry.”
Mr. Agarwal was in nation-wide news when during his tenure as president he played a key-role in resolving & bringing the culprits to task namely the Auditors who were involved in the India’s Biggest Corporate Scandal” The Satyam Scam”.
“I am thankful to PaisaDukan for honor, its exciting time for me. I believe company has already done wonderful job in its niche sector. I’m looking forward to working with the team to enhance services & reach and to develop stronger, more effective strategies. I believe with the help of advanced technologies and board members’ experience company can achieve a global recognition”, said CA Uttam Prakash Agarwal.
PaisaDukan, a marketplace solely owned by BigWin Infotech, operates in the domain of Peer to Peer (P2P) Lending with a view to curb the advent of Financially Excluded India. PaisaDukan handles the fulfillment of transaction on behalf of matched borrowers & investors and provides legal & recovery support, evaluation of credit risk by a proprietary algorithm. PaisaDukan provide loans for all legal age groups as well as all loan requirements.
For more info: https://www.paisadukan.com/
About Uttam Prakash Agrawal:
- Uttam Prakash Agarwal,B.Com, FCA, ICA(Australia), CPA(Australia)has strived to excel and endeavored to reach the pinnacle of professional growth due to which he was rewarded by the President of India, Her Excellency Smt. Pratibha Devisngh Patil with “Recognition of Excellence Award”.
He was elected as one of the youngest President of the Institute of Chartered Accountants of India for the year 2009-10. He is instrumental in activating 22 Overseas Chapters of ICAI.
During his tenure as the President he played a key-role in resolving & bringing the culprits to task namely the Auditors who were involved in the India’s Biggest Corporate Scandal” The Satyam Scam”.
He had been appointed as Independent Director and Chairman of the Board of National Spot Exchange Limited (NSEL) to resolve the National spot Exchange Limited (NSEL) Issue and facilitating the recovery of around Rs. 5,600 Crores lost by the Investors. He played a key role in addressing the issues of the investors.
He’s also Director at Reliance Capital Trustee Company Limited.