Prest Loans, a New Delhi-based MSME-focused digital lender, announced its association with Rajiv Kishore Dubey, ex – CMD of Canara Bank as a mentor and strategic advisor on its advisory board to strengthen its management team. direction.

Dubey is an award winning, one of the most renowned banking professionals. He was Executive Director of Central Bank of India before retiring as CMD of Canara Bank. He started his banking career at Punjab National Bank (PNB) as a management trainee and reached the level of Managing Director after working at various levels across India. His Canara Bank turnaround success story has been well recognized by the Ivey Business School in the form of a case study, taught around the world.

“It gives me great pleasure to welcome Shri Rajiv Kishore Dubey as a mentor and strategic advisor to the advisory board. He brings enormous experience in banking and finance, which will be the key turning point for our growth across all sectors. His expertise in banking, legal and compliance, human resources and the network of industry relationships will help us in our strategic direction, ”said Ashok Mittal, Founder and CEO of Prest Loans.

“I am happy to partner with Perst Loans as they attempt to meet the affordable credit needs of small businesses and the underserved MSME segment in India. Mittal has built a great technology platform, great relationships and an experienced team to grow the business. I wish them good luck in their future endeavors, ”Dubey said when commenting on his association with Perst Loans.

Launched in 2017, Perst Loans is a technology-based digital NBFC that focuses on lending to small businesses and MSMEs. The company has experienced robust growth over the past 4 years creating a blended portfolio of secured and unsecured MSME loans. It has partnered with various larger lenders for debt financing and the provision of fast and affordable credit to the MSME sector.

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(With entries from ANI)

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