Sachin Bansal Steps Down As CEO, Takes On Executive Chairman Role At Navi Group

Sachin Bansal, co-founder of Navi Group, will step down as CEO of Navi Technologies Limited (NTL) and Navi Finserv Limited (NFL) to take on the role of Executive Chairman of the parent group.

The company announced that Rajiv Naresh and Abhishek Dwivedi will lead NTL and NFL, respectively. Naresh will oversee non-lending businesses, while Dwivedi will focus on lending operations. Bansal will now focus on long-term strategy, fundraising, and technology innovation. Navi Finserv recently resumed lending after regulatory restrictions were lifted in December 2024.
The company reported a 48.57% increase in standalone revenue for FY24, while consolidated revenue declined by 6.5%. Navi Finserv also raised Rs 295 crore through one of its largest securitisation transactions.

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