Laxmi India Finance Limited is a result of a handwork and dedication of its promoters and directors. They visualize the idea of LIFC as an NBFC which works purely in the interest of people.They wanted to make the usual tiresome and long process of loan and advances a smooth, easy and hassle-free affair. Meet our directors and promoters, the minds behind LIFC.
Mr. Deepak Baid
is the Managing Director of our Company. He holds a bachelor’s degree in commerce from the University of Rajasthan. He has been associated with our Company since February 4, 2011. He has over 20 years of experience in the finance industry.
Managing Director
Mrs. Prem Devi Baid
is the Whole Time Director of our Company. She has completed secondary school examination. She has been associated with our Company since February 4, 2011. She has over 13 years of experience with the Company, with a key focus on overseeing its Corporate Social Responsibility (CSR) initiatives.
Director
Mrs. Aneesha Baid
is the Whole Time Director of our Company. She holds a bachelor’s degree in commerce from the University of Bangalore. She has been associated with our Company since December 31, 2016. With over 9 years of experience, she is involved in human resource management of the Company. She was also previously associated as a director with Trilochana Dealtrade Private Limited.
Director
Mr. Surendra Mehta
is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in arts from Rajasthan University. He has been associated with our Company since December 31, 2016. He is currently also associated with Sushma Mercantiles Private Limited. He has 40 years of experience in finance and business management.
Independent Director
Mr. Anil Balkrishna Patwardhan
is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree in commerce and master’s degree of Commerce from Mumbai University. He has been associated with our Company since December 23, 2021. He has over 40 years of experience in the banking and finance sectors. He has previously been associated with Brickwork Ratings India Private Limited as a Senior Director in ratings.
Independent Director
Mr. Brij Mohan Sharma
is an Additional Non-Executive Independent Director of our Company. He holds a masters degree in business administration from University of Rajasthan and a bachelor’s degree in commerce from Guru Nanak Dev University. He has been associated with our Company since September 28, 2024. He is also registered with Indian Institute of Bankers. He has 40 years of experience in the banking and financial services sector. He has
previously been associated with Canara Bank as an executive director and Punjab National Bank as a chief general manager. He is currently also associated with T T Limited.
Independent Director
Mr. Kalyanaraman Chandrachoodan
Mr. Kalyanaraman Chandrachoodan is an accomplished banker with nearly 40 years of expertise in regulation, supervision, compliance, and payment systems. He has held key roles with the Reserve Bank of India (RBI), State Bank of India (SBI), international organizations, and non-banking financial institutions. During his tenure, he served as Banking Ombudsman for Gujarat, Karnataka, and Tamil Nadu, addressing customer grievances and promoting outreach in underbanked areas. He was deputed as Director of Supervision at the Bank of Mauritius, overseeing the regulation and supervision of financial institutions with assets exceeding MUR 1020 billion, and worked as a Regional Advisor in Banking Supervision for the International Monetary Fund (IMF), providing technical assistance to Central Banks in West Africa. He has also served as a board member in microfinance and asset management companies, bringing a wealth of experience in both domestic and international banking landscapes.
Independent Director
