Nivara Home Finance Ltd.
Bonojit U is currently the Chief Compliance Officer at Nivara Home Finance Ltd. Prior to this, they held the position of Senior Consultant at Rural Mandi Fintech Private Limited, focusing on credit and operations. With a strong background in audit, credit operations, and over 4 decades of experience in the industry, Bonojit has held various leadership positions in companies like Atyati Technologies, Aye Finance Pvt. Ltd, Ujjivan Financial Services, and First Blue Home Finance Ltd. Their education includes degrees in Microfinance, Chemistry, Banking and Finance, as well as certifications in Advanced Excel and Compliance.
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Nivara Home Finance Ltd.
"Nivara" - A word made up of the Sanskrit verb " नि + वृ " (Ni + Vru), means to cover, shelter, haven etc. One of the three basic needs of humans, viz. Food, Clothing and Shelter (अन्न, वस्त्र, निवारा), a place which not only fulfils the basic function of protecting us from rain, snow, cold, heat, storm etc., but also nurtures an atmosphere necessary for a sound overall development of mankind. Nivara Home Finance Ltd. has been created with an intention to provide home loans and participate in the overall development of mankind. Nivara was incorporated on December 02, 2014 under The Companies Act, 2013 with an objective to provide home loans mainly to the informal sector of urban India. Later, the company commenced its operations in October 2015 after obtaining the necessary Certificate of Registration from the National Housing Bank (NHB) in September 2015. The company is driven by its strong values with compliance to the highest standards of Corporate Governance. With the experience and guidance of the Board, Nivara is committed to bring in revolutionary changes in the affordable housing finance segment. Nivara has its headquarters in Bengaluru with an initial scope of operations in the state of Karnataka before embarking on its journey of stamping a national footprint.