Reported by: banking|Updated: March 15, 2017
Devang Mody is the new CEO of Reliance Commercial Finance, a subsidiary of Reliance Capital. Mody has been president of Consumer Business at Bajaj Finance. He has over 20 years of experience in the financial sector, starting his career with Mahajan & Aibara, and then with EY and GE Money Financial Services where he was VP – Strategic Initiatives. Reliance Commercial Finance caters to the needs of SMEs wanting to borrow from non-banking finance companies. It has assets under management of Rs 16,191 crore.