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Magma Housing Fin’s new MD
Manish Jaiswal has joined as the MD & CEO of Magma Housing Finance Limited. Jaiswal in his new profile will also hold the additional charge of heading Magma’s SME Business.
Manish Jaiswal has joined as the MD & CEO of Magma Housing Finance Limited. Jaiswal in his new profile will also hold the additional charge of heading Magma’s SME Business.
Jaiswal has over 25 years of rich corporate experience and joined Magma after a very successful stint with CRISIL where he was spearheading the businesses of Risk Advisory, Research and SME Ratings.
He was a member of RBI's Usha Thorat Committee on Revitalisation of Distressed Assets which introduced the concept of Special Mention Accounts (SMA), Joint Lenders Forum (JLF), Corrective Action Planning (CAP) and Central Repository of Information on Large Credits (CRILC) in the Indian banking system.
Jaiswal in his prior stints is credited with setting up and building SME businesses from inception or turning them around for almost a decade and a half. During his career span, Jaiswal has built and managed assets of more than Rs 15,000 crore of SME secured portfolio.
