GENERAL24 Sept 2026
Optimo Capital appoints former RBI CGM as an independent director
Optimo Capital, a Bengaluru-based non-banking finance company, has appointed former RBI Chief General Manager Shrimohan Yadav as an independent director. RBI means Reserve Bank of India. He will guide the board on governance, risk and regulatory matters. This matters because Optimo wants to grow its assets under management from Rs 441 crore to Rs 1,200 crore by March 2027, and strong oversight helps keep that growth safe.
Key Statutory Highlights
- Optimo Capital has appointed former RBI Chief General Manager Shrimohan Yadav as an independent director on its board.
- In this role, he will guide the board on governance, risk and regulatory matters and serve on some important board committees.
- The company aims to grow its assets under management from Rs 441 crore now to Rs 1,200 crore by the end of March 2027.
Actionable Advice for Taxpayers / Founders:If your finance company is growing quickly, take a fresh look at your board's governance and risk oversight. Consider getting expert help, but check with a professional before assuming any specific rule applies to you.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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