About Us

Equifax India

Equifax India is registered as Equifax Credit Information Services Private Limited (ECIS). It is a joint venture between Equifax Inc., USA and seven leading Indian financial institutions - State Bank of India, Bank of Baroda, Bank of India, Kotak Mahindra Prime Limited, Religare Finvest Limited, Sundaram Finance Limited and Union Bank of India. Equifax India aims to provide a broad range of solutions related to credit information, business analytics and risk management for our clients, across India. Equifax India is headquartered in Mumbai and has branch offices in Bangalore and Delhi.

Equifax India was granted its 'Certificate of Registration' on 26th March, 2010 by the Reserve Bank of India (RBI) to establish a credit information company under ‘The Credit Information Companies (Regulation) Act' 2005 (CIC Act). We launched our consumer credit bureau in September 2010 and also launched a separate dedicated bureau to address the growing lending and regulatory needs of the Microfinance Institutions in May 2011. We currently have 200 registered members and are regularly adding new members and data into the bureau.

We collect information from our members, process the data into a readable and usable form and provide credit information reports and other related products on individual consumers for a variety of uses within the purview of the CIC Act. In addition to identification information (as provided by our members) we also provide information on individuals' borrowing and bill paying habits. This helps lenders assess credit worthiness of their borrowers and their ability to pay back a loan if granted.

Backed by our global expertise, our goal is to assist lending institutions manage risk efficiently through a combination of data and robust analytics. The unique insights that we deliver, help lending institutions make better business and credit decisions, using global proprietary tools customized to meet Indian requirements.

We currently have a wide range of products on offer for credit grantors and borrowers - Basic Consumer Information Reports, Enhanced Consumer Information Reports, Microfinance Institution Credit Information Report and Equifax Alerts. To improve the data quality and thereby the quality of the credit information available, data enrichment and cleansing services are also on offer.

We have a highly driven and energetic team in the country with experts and leaders who come from the Banking and Financial services world. With a complete perspective of how credit information gets used in the real world and the expertise of the global team, we are committed to delivering world class products and services that will help lenders make the best business decisions.

 

Manish Sinha, India Country Leader

Manish Sinha is the India Country Leader at Equifax, providing leadership and oversight for both the Bureau and Analytics businesses in India.

Manish is a proven leader with a wealth of industry expertise and brings an extensive network of business relationship. He is managing the full scope of operations in India.

Manish holds a Master of Business of Administration, Strategy and Finance from Indian Institute of Management (IIM) and a Bachelor of Technology from Indian Institute of Technology (IIT)

Prior to Equifax, he was with HSBC India where he served as the Head of Consumer Assets and Head of Customer Value Management, focusing primarily on retail banking products and sales management.

Manish was employed with London-based Barclays Bank for seven years, and was responsible for leading the group credit strategy initiatives, launching the Barclaycard business in India, serving as the Chief Credit Officer, and executing the growth strategy of Barclaycard International.

Earlier in his career, Manish also worked in mergers and acquisition departments for globally-renowned companies McKinsey & Company and Arthur Andersen, where he led teams to provide strategic client counsel on various transactions.

An avid athlete, Manish enjoys playing golf, tennis, football, cricket as well as spending time with his wife and two children. He will make his home in Mumbai.

Sudarrsan P R, Executive Director - Finance (ECIS)

Sudarrsan comes with more than 18 years of experience in Finance, Accounting, Taxation, Audit, Controllership, Legal and Company Secretaryship.

Prior to joining Equifax India, Sudarrsan was Director – Controllership/Finance at the Walt Disney Company, India/South East Asia between 2004 and 2009, where he supported the launch of TV channels, acquisition/integration of businesses, apart from different roles in Finance/Controllership functions.

Over his career span, he has played various roles in Finance at Netdecisions, Dun and Bradstreet /Moody's Investor Service, Caltex & Crompton Greaves, including starting up Dun & Bradstreet Information Services in India.

A national level rank holder, Sudarrsan is an Associate CWA from The Institute of Cost & Works Accountants Of India (ICWAI), ACA from The Institute of Chartered Accountants of India, ACS from the Institute Of Company Secretaries of India and CPA (from USA), in addition to having a Bachelor of Commerce degree.

 

Sriram Kalyanaraman, Director - Business Development (ECIS)

Sriram has over 27 years of experience in the Indian Banking and Finance industry and has held a number of leadership positions in some of the top Indian institutions and global banks.

Prior to joining Equifax, Sriram was Director and Head, Business Clients and Asset Products at Deutsche Bank, India where he set up the entire distribution and processes for the asset business. He scaled up the setup for Business Banking and established Trade and Asset Proposition for the bank along with the SME advisory and lending.

Prior to Deutsche Bank, Sriram was with Standard Chartered Bank for 17 years, where he held various key leadership roles across business units - General Manager, Mortgages and Auto Loans Business, Sales Director, Consumer Banking unit where he headed the distribution for Retail Liabilities, Auto Loans, Dealer Funding, Personal Loans, Business Installment Loans, Finance against Shares and Mortgages.

Sriram has also worked with Sundaram Finance Limited in their Corporate Leasing division.

Sriram has a Masters in Business Administration.

 

Nimilita Chatterjee, Senior Vice President – Products

Nimilita has over 14 years of experience in the Indian Banking/Finance and other industries and has held senior positions in some of the top Indian institutions and global banks.

Prior to joining Equifax, she was Head – Products, Portfolio and Analytics (Credit Cards) at Barclays Bank, India as part of the team that kick-started the credit card business. Her role involved inter-alia setting up processes to support the products, building revenue models and interfacing with technology teams.

Prior to Barclays Bank, she was with Standard Chartered Bank where she held various roles in the Business Intelligence Unit and with the Credit Cards team.

She has also worked with Madura Garments and Titan Industries before Standard Chartered Bank.

She has a Post Graduate Diploma in Business Management and a Bachelor of Science degree.

 

Sundar Arumugam, Vice President – MFI Business Development

Sundar brings with him over 12 years of experience in sales, solutions development, analytics & risk management products for financial services clients.

Prior to joining Equifax, Sundar ventured into an entrepreneurial role at Koan Learning Solutions as a Co-Founder. His other stints before Equifax have been with Genpact & Infosys Technologies.

He has a Masters in Business Administration and Bachelor of Technology.

 

Amit Agarwal, Assistant Vice President – Customer Service / Data Operations

Amit has over 14 years of experience in operations management, service desk excellence, CRM, process enhancements and quality & compliance.

Prior to joining Equifax, he was Assistant General Manager – Operations at Intelenet Global Services where he was responsible for 3 US based processes dealing with diversified business of Credit Bureau, Healthcare and 24x7 service desk.

Prior to that he was with E-serve International where he played the role of a customer assistance supervisor

He has an MBA in HR and a Bachelor of Commerce degree.

 

Reesha Varma, Manager – HR

Reesha has over 8 years of experience in the field of recruitment, talent management, employee engagement and training & development.

Prior to joining Equifax, she was Senior Analyst – HR at JM Financial where she played the role of an HR generalist the entire gamut of HR for different lines of businesses viz., Investment Bank, Fixed Income, NBFC and the holding company. She also supported the hiring of the Asset Reconstruction team.

She has also worked with Ma Foi and Bharti Airtel prior to that.

She has done an Executive Program in Management and a Bachelor of Science in Information Technology.