Anand Rathi

Anand Rathi Global Finance Limited (ARGFL) was incorporated on 3rd February, 1982. The Company is wholly owned subsidiary of Anand Rathi Financial Services Ltd. The Company is registered with Reserve Bank of India (RBI) as non-banking finance company (NBFC) and classified as Loan company and categorized as 'Systemically important non-deposit taking non-banking financial company'(NBFC - ND –SI). The Company is engaged in the business of financial consultancy, corporate advisory and fund based activities. The Company has a team of qualified people having diversified industry exposure. ARGFL had handled various consultancy projects for reputed companies both in India and abroad.Presently, ARGFL is mainly offering Loan against securities, commodities, Mutual Funds, Bonds, ESOPs and other liquid collaterals. ARGFL has ambitious plans to expand its fund based activities primary to provide value added products / services to the large client base of the Group. The Company has following products for its clients: 1. Loan Against Shares 2. IPO Funding (Retail & HNI) 3. Structure Lending (Lending Mutual Funds / Bonds / FMPs)

Board of Directors

	Anand Rathi - Founder & Chairman A respected member of ICAI, Mr. Anand Rathi is a Gold Medalist Chartered Accountant with over 40 years of experience. Before establishing his own enterprise, Mr Rathi was associated with the Birla Group. At 35, he became the President of Indian Rayon (now known as Aditya Birla Nuvo). Outstanding professionalism and earnest dedication made him a core member of the legendry late Mr. Aditya Birla’s business group, where he was actively involved in all strategic initiatives. He was instrumental in shaping up the group’s cement business and also spearheaded its foray into diverse sectors such as manufacturing and services. Over the years, this entrepreneurial venture has evolved into a widespread financial services company, under Mr. Rathi’s guidance. Seizing the opportunity when professionals were allowed membership of the BSE, Mr. Rathi became its member and when the exchange professionalized, he became its President in 1999. As the President, BSE, Mr. Rathi was the driving force behind expansion of BOLT - the online trading system. He also set up the Trade Guarantee Fund and played a vital role in setting up the Central Depository Services Ltd (CDSL). As a veteran in the financial services industry, Mr. Rathi is not just a renowned face in the financial circuits, but is also among the most sought-after speakers on macroeconomic matters related to policies, manufacturing, and their socio-economic impact. He is also very popular socially, and is active in philanthropy and Corporate Social Responsibility (CSR) initiatives. Hard work, discipline and calculated risk taking ability are the keys to his success and are also his message to the youth of this nation.
	Pradeep Gupta - Co-founder & Vice Chairman Mr. Pradeep Gupta has vast industry experience in running enterprises with varied business interests. He started his professional journey with a family-owned textiles business. His interest and love for financial markets drew him towards starting his financial services firm. He stepped into financial services with Navratan Capital & Securities Pvt. Ltd. and later joined hands with Mr. Anand Rathi to establish the AnandRathi Group. With over two decades of rich experience in financial markets, he has played a pivotal role in laying the foundation of the Institutional Broking and Investment Services arm of the group. His ground-breaking spirit has driven the firm’s dynamic growth, rapidly expanding its footprint. With his business acumen, the AnandRathi Group has setup franchisee business and branch network across India. Under his dynamic leadership the group has bagged prestigious awards and accolades at various fronts. An avid investor and trusted advisor, Mr. Gupta is often seen sharing his views and insights in Media on Macroeconomic aspects, Domestic and International Markets. He is also an active member of Rotary Club of Bombay.
	Amit Rathi - Managing Director Mr. Amit Rathi is a rank-holder Chartered Accountant and an MBA from the illustrious New York University - Leonard N. Stern School of Business. He was instrumental in setting up the Private Wealth Management (PWM) and Investment Banking (IB) businesses of the AnandRathi group, and establishing them in the global markets. Led by his vision and conviction, the group has maintained strong and steady growth. AnandRathi PWM has been adjudged the ‘Best Domestic Private Bank- India’ by Asiamoney Polls five times in a row in 2009-13. He created a strong research and advisory capability with focus on global macro and asset allocation calls. AnandRathi IB is a pre-eminent investment bank with exclusive focus on fast growing small and medium businesses. Founded in 1994, the firm has a strong capital markets franchise that complements its advisory business with capital raising, M&A and equity trading capabilities. Amit is also an active member of the Young Presidents Organisation (YPO).
	Jugal Mantri - Group CFO Mr. Mantri is a rank holding Chartered Accountant. He has more than 19 years of varied experience in the field of Corporate Finance, Business Management, Project Finance and Financial Structuring. Mr. Mantri has handled various mid-sized corporate turnaround cases in corporate sectors in India and abroad. He started his corporate learning in M/s Haribhakti & Company as an Article Trainee and moved to Tata Finance Limited. Thereafter, he was amongst the first to join Anand Rathi Group during its inception and spent over 9 years in the Corporate Advisory Services and Brokerage Business. He was the Chief Executive Officer of M/s Varun Industries Limited before rejoining Anand Rathi Group in May, 2006.

Milestone

Loan Against Shares

Loan Against Shares offers you instant liquidity. In case you have requirement of funds for your personal need or need to increase your holding/ investment in listed collaterals, you don’t have to sell your securities. All you have to do is execute a loan agreement with ARGFL. We will then offer you a Loan facility up to a value determined based on your existing portfolio. You can avail sanction limit based on your requirement just like overdraft facility from the bank. There is no minimum commitment charges, no hidden cost and no early payment charges other than interest on your actual utilisation of limits. Moreover, our sanction limit is flexible based on movement of your portfolio and its valuation.

Eligibility Criteria

Approved Shares List Click Here…
For KYC documents Click Here…

Loan Against Demat - Commodities

With this product, We caters to the financial needs of those involved in the commodities business, such as farmers, traders, processors and aggregators. A credit line of up to Rs. 10 Crs is offered for agricultural operations with agricultural commodities as securities maintained in demat form.
List of Commodities (pointer within pointer): Soyabean, RM Seed, Chana, Pepper, Turmeric, Maize, Jeera, Cocud, Castor Seed, Mentha, Barley, Gur, Coriander (Dhaniya), Sugar etc.

Eligibility Criteria

For KYC documents Click Here…

Other Financial Products

Fair Practice Code

Anand Rathi Global Finance Ltd (ARGFL, the company), in pursuance of the directions issued by Reserve Bank of India for Non-Banking Financial Companies (NBFC’s) vide circular - DNBS (PD) CC No. 80 / 03.10.042 / 2005-06, dated September 28, 2006, detailing standards for fair business and corporate practices while dealing with their customers (as modified, amended and updated from time to time, the "FPC"). Revised Guidelines issued by RBI vide circular DNBS.CC.PD.No. 266 / 03.10.01 / 2011-12 dated 26^th March 2012 have been incorporated:

Non Discrimination Policy

Applications for loans and their processing

Loan appraisal and terms/conditions

Disbursement of loans including changes in terms and conditions

Credit Reference Agencies

Customer Protection

General Provisions

Interest Rate Policy

Grievance Redressal

1) Non Discrimination Policy:

ARGFL will not discriminate between its customers on the basis of gender, physical ability, race or religion.

2) Applications for loans and their processing:

a) The official language for all communications with in the Company or with third parties

shall be English.

b) All communications to the borrower shall be in English or in vernacular language / the

language as understood and confirmed by the borrower.

c) All relevant information pertaining to the loan will be made available in the relevant loan application form(s), including the necessary loan information and documents required to be submitted together with the duly completed application form.

d) Receipt of completed applications forms will be duly acknowledged.Applicants are required to insist for an acknowledgement in this regard.The acknowledgement would also indicate the approximate timeframe within which the applicant should contact the company at its registered office to ascertain the status of the loan application.

3) Loan appraisal and terms/conditions:

a) Loan applications shall be assessed in accordance with the company’s credit appraisal process.

b) Upon approval of the loan, the company shall convey in writing to the borrower in English or in vernacular language or the language as understood by the borrower an agreement/sanction letter indicating the amount of loan sanctioned, annualised rate of interest applicable, including method of application thereof, along with the terms and conditions, shall be conveyed to the loan applicant in writing. A written acceptance of such terms and conditions shall be retained by the company.

c) The company shall mention the penal interest charged for late repayment in bold in the loan agreement/sanction letter.

4) Disbursement of loans including changes in terms and conditions:

a) Any changes in the terms and conditions, adverse to the borrower, including interest rates, service charges, prepayment charges etc. shall be informed to the client in writing in English or in vernacular language or the language as understood by the borrower.

b) For any account specific charges, the changes will be communicated in writing to the borrower

c) Changes in interest rates and other charges shall be effective prospectively.

d) Decision to recall any loan shall be done in accordance with the terms and conditions of the loan agreement.

e) All securities pertaining to the loan would be released on receipt of full and final payment of the loans, subject to any legitimate right or lien, and set-off for any other claim that the company may have against the borrowers. If such right of set-off is to be exercised, the borrower shall be given notice about the same, with full particulars about the remaining claims and the conditions under which the Company is entitled to retain the securities until the relevant claim is settled /paid.

5) Credit Reference Agencies:

a) When a person applies for a loan product, we may pass on such details, for purposes of credit reporting, verification and risk management, as may be required. We will exchange information about our customers with reputable reference sources and clearing house services.

b) We may give information to such credit reference agencies about the loans taken from us, your repayment track record and other appropriate details to build your credit profile.

c) We may provide such credit reference agencies information about day to day running of your account as per the consent provided by you in our loan agreement terms.

d) We may provide such information to our group/associate entities or companies when we have tie up arrangements for providing other financial products, provided we have your permission, through consent obtained as apart of our terms and conditions.

6) Customer Protection:

We will treat all our customer’s personal information as private and confidential and will not reveal details of customers dealings with us to a third party unless authorized customer.Unless authorized by customer, we will not reveal transaction details to any other entity including other than the following exceptional cases:

a) If we have to give the information by law.

b) If there is a duty towards the public to reveal the information.

c) If our interest requires us to provide this information (eg fraud prevention) to Banks/Financial Institutions/Our Group or Associate Companies.

7) General Provisions:

a) ARGFL shall refrain from interference with the business of the borrowers except under the terms and conditions of the loan agreement (unless new information, not disclosed earlier, by the borrower has come to the notice of ARGFL).

b) Where the borrower insists on transferring the loan the consent or otherwise the objection if any, would be conveyed within 21 days from the date of receipt of such request of the borrower.

c) For recovery of loan, ARGFL shall follow procedures as laid down in the internal guidelines and provisions and would remain within the legal framework. ARGFL and its representatives shall not resort to undue harassment viz. persistently bothering the borrowers at odd hours, use of muscle power for recovery of loans, etc. ARGFL shall ensure there is no rude behavior from its staff towards customers for which staff will be adequately trained to deal with the customers in an appropriate manner.

8) Interest Rate Policy:

a) While fixing the rate of interest on loans, the company will take into consideration the cost of funds, margin and risk premium.

b) A borrower is communicated the annualised rate percentage in the sanction letter while communicating the approval of a loan.

c) The decision to give a loan and the rate of interest thereon are carefully assessed on a case by case basis based on multiple factors which may include the borrower's cash flows (past, current and projected), borrower's other financial commitments, the borrower's credit record, the security for the loan as represented by underlying assets or other financial guarantees etc.

d) Such information is gathered based on information provided by the borrower, credit reports and market intelligence

e) Company would charge interest by adding his Basic Lending Rate and risk premium on various category clients.

f) The Company shall be entitled to charge interest at more than one rate of interest, if the loan facility or any part thereof is secured against different types of secured asset applicable to the relevant facility or if the loan is granted under different schedules of terms or company has to bear direct expenses to secure the client.

g) Basic Lending Rate is subject to change and would intimate clients as when such change occurs.

9) Grievance Redressal:

a) In case of any complaint/grievance, the borrowers may contact through any of the following channels: Phone, mail, contact address.

b) The Company shall provide for periodical review of the compliance of this Fair Practice Code and the functioning of the grievance redressal mechanism at various levels of management.

c) ARGFL has appointed a Grievance Redressal Officer who can be approached by the public for resolution of complaints against the Company.

Grievances Redressal Officer : Mr. Sunil R Dhoot

Telephone : 022 4001 3890

Fax : 022 4001 3770

E-mail : nbfc_grievance@rathi.com

Visit us at : www.rathi.com/Static/LAS.aspx

Post : 4th Floor, Silver Metropolis, Jai Coach Compound

Opp Bimbisar Nagar, Goregaon (E). Mumbai -400 063.

d) After examining the matter, it will be our endeavour to provide the borrower/applicant with our final or other response, within a period of two (2) weeks and within a maximum period of six (6) weeks from receipt of such complaint/grievance.

General:

A) The Company reserves the right to amend /alter /modify the codes as mentioned herein above and provide updates from time to time, not affecting/sacrificing the underlining spirit of the code.

B) The Company shall periodically review the compliance of this Code and the functioning of the grievance redressal mechanism at various levels of management.

Interest Rate Policy

Please refer to our Policy on charging interest to our clients:

While fixing the rate of interest on loans, the company will take into consideration the cost of funds, margin and risk premium.
A borrower is communicated the annualised rate percentage in the sanction letter while communicating the approval of a loan.
The decision to give a loan and the rate of interest thereon are carefully assessed on a case by case basis based on multiple factors which may include the borrower's Credibility, the security for the loan as represented by underlying assets or other financial guarantees etc.
Such information is gathered based on information provided by the borrower, credit reports and market intelligence.
Company would charge interest on the following category of clients, based on the risk profiling which is as under :-

Client Risk Profile	Interest Range(p.a.)
Low Risk	12.00%-14.00%
Medium Risk	13.50%-16.00%
High Risk	14.50% -21.00%

The Company shall be entitled to charge interest at more than one rate of interest,if the loan facility or any part thereof is secured against different types of secured asset applicable to the relevant facility or if the loan is granted under different schedules of terms or company has to bear direct expenses to secure the client.
Interest Rate is subject to change and would intimate clients as when such change occurs.

Grievance Redressal / Customer Service

Fees & Service Charges

Following charges would be recovered from the clients based upon charge schedules prevailing the time:

Charges	Amount
Documentation Charges	Rs. 500 + Applicable Service tax.
Cheque Dishonour Charges	Rs. 500 (+ Applicable Service tax) per cheque.
Penal Charges	as per terms agreed

Service Tax and other Government taxes, levies, etc as per the prevailing rates.

The privacy policy of Anand Rathi Global Finance Limited (ARGFL) assures that information provided by users is private and confidential and that all personal information furnished to us shall be held only with Anand Rathi Global Finance Limited (ARGFL) and its group companies/ affiliates.

We may however need to disclose your personal data from time to time to credit agencies/bureau, if we are required by a Court Order, by Government Officials, by Law Enforcement Officials or by other legal processes or where it becomes necessary to do so to protect the rights or property of ARGFL and/or its group companies to enable processing of transactions or communications with you.

ARGFL reserves the right to change, modify or update this Privacy Policy or any other of our Policies/ Practices at any time. The same shall be notified to the users by posting such changes or updated Privacy Policy on the page. Any changes or updates will be effective immediately upon posting to this website.

This web site is for informational purposes only and should not be construed as technical advice of any manner. By viewing it you are deemed to agree to jurisdiction of the courts at Mumbai, India in respect of any action arising there from or related thereto.

In case of any queries, please mail us at las@rathi.com.

Disclaimer

Anand Rathi Global Finance Limited (ARGFL) hereby states its disclaimer and limitation of liability for the use of its website and the resources contained within. You agree and understand that the information and material contained in this website implies and constitutes your consent to the terms and conditions mentioned below. You also agree that Anand Rathi Global Finance Limited (ARGFL) can modify or alter the terms and conditions of the use of this service without any liability.

You acknowledge and agree that all proprietary rights in the information received shall remain the property of Anand Rathi Global Finance Limited (ARGFL). The content of the website cannot be copied, reproduced, republished, uploaded, posted, transmitted or distributed for any non – personal use without obtaining prior permission from Anand Rathi Global Finance Limited (ARGFL). Anand Rathi Global Finance Limited (ARGFL) and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Anand Rathi Global Finance Limited (ARGFL) is not responsible for any technical failure or malfunctioning of the software or delays of any kind. We are also not responsible for non-receipt of registration details or e – mails.

Anand Rathi Global Finance Limited (ARGFL) is not responsible for the content of any of the linked sites. By providing access to other web sites, Anand Rathi Global Finance Limited (ARGFL) is neither recommending nor endorsing the content of the linked websites

All efforts have been made to provide the most comprehensive and accurate information on this site. The information and materials have been made available keeping our clients interest in mind. The information and materials are however, subject to change without prior notice

Anand Rathi Global Finance Limited (ARGFL) does not warrant the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability for any errors or omissions or delays in updating this information and materials.

"Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company or the correctness of any of the statements or representations made or opinions expressed by the Company and for discharge of liability by the Company."

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