Monu Ratra to join Capri Global Capital as CEO after exit from IIFL Home Finance

Monu Ratra, who resigned from IIFL Home Finance in August, is set to join non-bank lender Capri Global Capital as chief executive officer.

Ratra will oversee the company’s overall operations and drive its medium-term growth strategy, Capri Global said Thursday. He will report to Rajesh Sharma, managing director and promoter of the company.

Capri Global Capital is a retail focused NBFC with Rs 24,753 crore assets under management. It has a customer base of 0.56 million. It offers secured and collateralized loans across four primary lending segments - MSME Loans, gold loans, construction finance and housing loans. The housing loans are offered through its 100% subsidiary, Capri Global Housing Finance.