NSE's Ravi Narain joins IndoStar board as independent director

MUMBAI: National Stock Exchange ( NSE) non-executive vice-chairman Ravi Narain has joined IndoStar Capital Finance as an independent director, the non-banking finance company said. 

Till March 31, Narain was the managing director and chief executive of the country's largest stock exchange for 12 years. 

"Narain's extensive experience will be invaluable as we implement our growth plans. His counsel and advice will guide us in the years to come," IndoStar Capital Finance chief executive and managing director Vimal Bhandari said in a statement. 

IndoStar Capital Finance is a NBFC engaged in wholesale secured structured financing which provides debt solutions to mid-to-large level corporates. 

This includes financing capital market transactions, corporate financing, acquisition financing and lending to offshore investors.