28 August 2025
The Board of Arohan Financial Services Ltd (AFSL) has approved the appointment of Milind Nare as Deputy Chief Executive Officerwith immediate effect.
He will continue to serve as the Chief Financial Officer (CFO) of AFSL, a position he has held for nearly nine years, according to a statement by the NBFC-MFI (non-banking finance company – microfinance institution).
AFSL also announced the appointment of Ketan Agrawal as Deputy Chief Financial Officer. He has been associated with the Company since June 2018 and currently serves as Head of Accounts.
Kolkata-headquartered AFSL provides income-generating loans and other financial inclusion-related products to customers who have limited or no access to financial services. As of the end of March 2025, the NBFC-MFI’s gross loan portfolio stood at ₹6,003 crore.

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