Amit Goyal

Amit Goyal

Non-Executive Director

Amit Goyal is the Non-Executive Director and one of the founder members of Agriwise. He oversees the Administration and Operations at Agriwise. He is responsible for operational and tactical execution in the organization.

He brings with him an extensive experience in the rural lending, collateral and financing sector. He has partnered with leading banks like ICICI Bank in their rural lending foray and created an ecosystem of robust lending mechanisms resulting in a zero-default track record.

Knowledgewise

Agri NBFCs should be accorded priority sector status since they cater to a priority sector. Currently, they are treated at par with other NBFCs.
June 10, 2021

Agri NBFCs should be accorded priority sector status since they cater to a priority sector. Currently, they are treated at par with other NBFCs.

Priority sector lending (PSL) was formalized in 1972, and RBI advised PSL targets to banks in 1974, which ensures that the lenders compulsorily lend 40% of their total credit to specific sectors The Reserve Bank of India (RBI) has defined different categories under priority sector and agriculture is one of that category which falls under priority sector lending Domestic scheduled commercial banks...

Agri-financing – A financial revolution
May 21, 2021

Agri-financing – A financial revolution

Agri financing plays an essential role in farm sector development, as India being an agrarian economy is a major contributor to the global food basket As on March 31, 2020, NBFCs had total assets of Rs 5147 trillion, almost 25% of India’s GDP Therefore, a healthy NBFC sector from a systemic point of view is crucial for India’s economic revival The recent RBI bulletin released in May 2021...