Moneyboxx Finance expands Leadership team, Sandipan Thakur appointed as Head - Collections

Moneyboxx Finance, a BSE-listed NBFC focused on transforming credit access for micro and small enterprises in underserved India, has appointed Sandipan Thakur as Head of Collections. In this role, he will be responsible for designing, optimizing, and executing robust collection strategies for the company's expanding customer base across semi-urban and rural regions.

Sandipan brings over 23 years of experience in Debt & Receivable Management, Legal & Litigation, and Process & Operational Risk Management, having held leadership positions at Hiranandani Financial Services Pvt. Ltd., RBL Finserve Ltd., SMFG India (erstwhile Fullerton India Credit Co. Ltd.), Citi Financial, among others.

Welcoming him to the company, Mr. Deepak Aggarwal, Co-founder, Moneyboxx Finance, said: "We are pleased to welcome Sandipan Thakur to our leadership team. His deep domain expertise in collections strategy, litigation, and operational risk will be invaluable as we continue to strengthen our portfolio and scale sustainably. As we expand our footprint across underserved regions, his leadership will play a pivotal role in enhancing our credit quality and supporting our broader vision of empowering grassroots entrepreneurs through responsible lending."

Commenting on his appointment, Mr. Sandipan Thakur said, "I am thrilled to join Moneyboxx Finance in their commitment to making meaningful strides in enabling financial inclusion and rural entrepreneurship. The strong mission-driven culture and the team's focus on building impactful lending solutions is truly inspiring. I look forward to contributing to this journey by designing and implementing robust, phygital collection frameworks that not only drive efficiency but also ensure a seamless and supportive experience for our customers."

This leadership addition comes amid a phase of strong business momentum on the backdrop of 56% year-on-year growth in AUM in Q3 FY25 and has built a robust footprint of 160+ branches across 12 states, reflecting sustained efforts to empowering underserved entrepreneurs in rural and semi-urban India.

Shares of Moneyboxx Finance Ltd was last trading in BSE at Rs. 194.15 as compared to the previous close of Rs. 191.05. The total number of shares traded during the day was 13374 in over 198 trades.

The stock hit an intraday high of Rs. 197.00 and intraday low of 191.00. The net turnover during the day was Rs. 2592335.00.

Source : Equity Bulls

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MoneyboxxFinance INE296Q01012 LeadershipTeam Appointment