Now Reading: Yandra Haragopal named NABFINS managing director
-
01
Yandra Haragopal named NABFINS managing director
Yandra Haragopal has been appointed as the Managing Director of NABARD Financial Services (NABFINS), a Bengaluru-based arm of NABARD. He joins from NABCONS, a Delhi-based company promoted by Nasscom, where he served as Managing Director for over two and a half years.
NABFINS provides affordable financial services and need- and cash-flow-based credit to low-income groups, focusing on financial inclusion. Haragopal said the organisation plays a critical role in the microfinance sector by banking the unbanked and meeting credit needs at the bottom of the pyramid.
The appointment took effect on August 19, 2026.
Indian Opinion Analysis
NABFINS is one of the largest microfinance institutions in India, serving over 30 lakh clients across 17 states. Its loan book exceeds Rs 12,000 crore, making this appointment significant for the rural credit ecosystem. Haragopal's previous role at NABCONS involved advising cooperative banks and FPOs on digital transformation. His move to NABFINS signals a push to blend technology with grassroots lending. The next milestone to watch is NABFINS's half-yearly portfolio quality data, expected in October 2026.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above. Methodology and corrections.
