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Former RBI executive joins DMI Finance board

What they do

DMI Finance provides loans to consumers and small businesses

Dr Meena Hemchandra, a former RBI executive director, has been appointed as a non-executive director

The appointment strengthens board expertise as regulatory expectations for NBFCs evolve

Dr Meena Hemchandra has been appointed as a Non-Executive Director on the board of DMI Finance.
The appointment was approved by the DMI Finance board at a meeting on 15 May 2026.
Dr Hemchandra is a former Executive Director of the Reserve Bank of India (RBI), serving from 2015 to 2017.
She spent nearly four decades at the RBI.
At the RBI, she oversaw the supervision of banks, NBFCs (non-banking financial companies) and cooperative banks.
The appointment reinforces DMI Finance's focus on board-level expertise amid evolving regulatory expectations.

DMI Finance is expanding its consumer and MSME (micro, small and medium enterprises) lending businesses.
The company is strengthening its governance, risk management and oversight frameworks.

DMI Finance provides loans to consumers and small and medium businesses.
The company is expanding its consumer and MSME lending businesses.
DMI Finance is strengthening its governance, risk management and oversight frameworks.