Raul Rebello, the head of corporate finance and strategy at MM Financial Services, has expressed his aspirations for the company to become a responsible financial solution partner to emerging India. In an interview, he emphasized the unique position that Non-Banking Financial Companies (NBFCs) hold and their significant stake in each asset category where banks operate.
NBFCs play a crucial role in serving the diverse financial needs of individuals and businesses that banks may not cater to adequately. They have a more flexible approach towards offering loans and other financial products. Additionally, NBFCs often specialize in specific sectors, such as housing, small businesses, or agriculture, further contributing to their unique positioning in the financial market.
Rebello acknowledged that while banks have a well-established presence in India, NBFCs complement their services by providing niche solutions to specific segments of the market. He believes that NBFCs should aim to be responsible financial partners that foster inclusive growth and contribute to the nation’s development.
MM Finance, under Rebello’s leadership, intends to play a pivotal role as a responsible NBFC. The company aims to leverage its expertise and deep understanding of various sectors to address the financial needs of emerging India. By offering customized solutions and maintaining strong relationships with borrowers, MM Finance seeks to establish itself as a preferred financial partner.
Rebello believes that the Indian economy presents numerous growth opportunities, particularly in sectors such as housing, small businesses, and agriculture. MM Finance plans to tap into these opportunities by providing tailored financial products and services. The company’s focus is on making financial solutions accessible, affordable, and responsible, thereby contributing to the social and economic well-being of the country.
In line with their vision, MM Finance is committed to maintaining high standards of corporate governance, risk management, and customer service. With a customer-centric approach, the company aims to build long-term relationships with its clients based on trust and transparency.
Rebello also emphasized the importance of technology and innovation in the financial services sector. MM Finance recognizes the role of digital platforms in enhancing accessibility and efficiency. By leveraging technology, the company aims to streamline processes, improve customer experience, and expand its reach to underserved areas.
In conclusion, Raul Rebello envisions MM Finance as a responsible financial solution partner that caters to the diverse needs of emerging India. He highlights the unique role of NBFCs and their significant stake in various asset categories. With a focus on customization, relationships, and innovation, MM Finance aims to be at the forefront of India’s financial growth by providing accessible, affordable, and responsible financial solutions.
