Edelweiss ARC Limited is sponsored by Edelweiss, India’s leading diversified financial services conglomerate.

Edelweiss provides a broad range of financial products and services to a large and diversified client base that includes corporations, institutions and individuals. Its products and services span varied asset classes, consumer segments and geographies. The Group operates across five business clusters – Credit (including Retail Finance), Commodities, Financial Markets, Asset Management and Life Insurance across all asset classes. Edelweiss is now present across 216 offices in 118 cities in India and abroad with over 4200 employees. Together with nearly 5,000 strong network of Authorized Persons and Sub-Brokers, the Edelweiss Group caters to over 532,000 clients under various businesses in retail and wholesale segments. The Group also manages, inter alia, Special Assets Funds targeted towards distressed as well as early stress/ restructured assets.

Board of Directors

  • Mr. Rashesh Shah
  • Rashesh Shah, co-founder of the Edelweiss group, is the Chairman and Director (Non-Executive Non-Independent) of our Company. He has diverse experience in the financial markets and has been instrumental in building Edelweiss into one of India’s leading diversified financial services organisations. He holds a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad, and a post-graduate diploma in international trade from the Indian Institute of Foreign Trade. He has served as President of Federation of Indian Chambers of Commerce and Industry (“FICCI”), which is India's apex industry association in 2017-18. He has been a member of the High Level Task Force on Public Credit Registry for India, the Advisory Committee on Corporate Insolvency and Liquidation, Executive Committee of the National Stock Exchange and the High Level Committee to review the Insider Trading Regulations set up by SEBI.

  • Mr. Venkatchalam Ramaswamy
  • Venkatchalam Ramaswamy, co-founder, Edelweiss Group, has almost three decades of experience in the financial markets. He has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading diversified financial conglomerate. Amongst his responsibilities, he also co-heads Edelweiss’s Advisory businesses.

    Venkat has been instrumental in building a client-need based solutions approach in the Distressed Asset Resolution as well as the Asset Reconstruction Company (ARC) business, which is India’s leading ARC. Using his skills at building and maintaining large institutional relationships including International Pension Funds and Insurance companies, the Alternative Asset Management business has earned the reputation of being among the largest in India.

    An MBA from the University of Pittsburgh, United States of America, he also holds a Bachelor’s Degree in Electronics Engineering.

  • Ms. Vidya Shah
  • Vidya Shah is the CEO of Edelgive Foundation, an organisation set up by Edelweiss Group, with the aim of building the capacities of the not-for-profit sector. With over two and half years of rich industry experience, she has grown Edelgive Foundation into a platform for strategic philanthropy.

    Committed to creating sustainable institutions and organisations, she has brought the skills, resources, and talents of the for-profit world to the not-for-profit world.

    She has been the CFO for Edelweiss Group and has also worked with large financial institutions such as ICICI, Peregrine and NM Rothschild India, as an investment banker.

    Vidya has a Bachelor’s degree in Commerce and an MBA from Indian Institute of Management, Ahmedabad.

  • Rajkumar Bansal
  • Raj Kumar Bansal, a Chartered Accountant joined IDBI in December 5, 1983 as a Management Trainee. He holds more than 33 years of experience covering both development banking and commercial banking, which includes 8 years in the top management team as Executive Director of IDBI Bank. Mr. Bansal retired from IDBI Bank on March 15, 2017. Mr. Bansal was the Chairman of CDR Empowered Group and a member of Top Management Committees – Credit, Policy, System, Product and Process, ALCO, RBS Committee, HR, Internal Advisory, Fraud Review, Audit Committee of Executives, Investment Committee, etc. Have broad and diversified experience in all functional areas of banking such as Corporate Banking, Project Appraisal, Corporate Debt Restructuring [CDR], Retail Banking, International Banking, Finance & Accounts [CFO], Resources, Recovery, Investments, Treasury, Operations, etc. as top team leader. His major strength and experience is in resolving stress assets. He has been handling many of the large stressed groups/accounts and exposure as CDR EG Chairman has added to the experience. This is further strengthened as Chairman of ARCIL. He was also the member of Standing Committee on Retail Banking of Indian Banks Association (IBA). Previous board membership includes IDBI Federal Life Insurance Co. Ltd., ISIL, J.K. Lakshmi Cement Ltd., Uttam Value Steels Ltd., SIDBI, IDBI Asset Management Ltd., NSDL and NSDL e-Governance Infrastructure Ltd. Mr. Bansal was also deputed by IDBI as a Director to Stockholding Corporation of India Ltd. (SHCIL), IDBI Mutual Fund (now renamed as Principal Mutual Fund) and IDBI Federal Life Insurance.

  • Mr. P. N. Venkatachalam
  • P.N. Venkatachalam has over four decades of experience in the Banking sector in India and abroad and has also worked in the software industry in banking and finance verticals.

    He joined State Bank of India in 1967 and retired in 2004 as its Managing Director. He was a member of the interim Pension Fund Regulatory Authority of India.

    He holds a Master’s degree in Economics and is a Certified Associate from the Indian Institute of Bankers.

  • Mr. Mohan Vasant Tanksale
  • Mr. Mohan Tanksale is a career banker having spent over four decades in the Indian banking industry. He retired as Chairman & Managing Director of Central Bank of India, one of India’s largest banks, in 2013. Prior to this, he held senior positions with Union Bank of India and Punjab National Bank.

    Given his wealth of experience, Mr. Tanksale then became CEO of Indian Banks’ Association (IBA) and in this role represented the entire banking industry for the period from December 2013 to August 2016.

    Mr. Tanksale is passionate about the role of Technology and Innovation in Banking and is recognized as a change agent. He is keenly committed to Leadership Development and mentors business leaders in the fields of Banking and Finance.

    A prolific speaker, Mr. Tanksale has delivered keynote addresses at numerous seminars, forums, workshops, management associations, educational institutions. He speaks on subjects related to Banking, Economics, Compliance, Strategy and Leadership.

    Mr. Tanksal holds Bachelor’s Degree in Science and Master’s Degree in English Literature. He is also a Fellow Member of the Institute of Cost Accountants of India and a Certified Associate of the Indian Institute of Banking and Finance (CAIIB).


    During his illustrious career, Mr. Tanksale has received several awards and recognitions including:

  • Person of the Year Award from SKOCH Foundation for his contribution to Financial Inclusion
  • Golden Peacock Lifetime Achievement Award
  • Golden Peacock HR Excellence Award awarded to Central Bank of India under his leadership
  • Mr. Tanksale has held the various positions/roles during his career such as:

  • Member, International Banking Federation (IB Fed), a key international forum for addressing legislative, regulatory and other issues pertaining to the global banking industry
  • Member, Governing Council of Institute of Banking & Personnel Selection (IBPS)
  • Member, Governing Council and Executive Committee of Indian Institute of Banking & Finance
  • Chairman, Education and Training Committee, Indian Institute of Banking & Finance
  • Member, RBI Standing Committee for Urban Co-operative Banks
  • Member, Committee set up by the Department of Financial Services, Ministry of Finance (MoF) to examine the financial architecture of the MSME Sector
  • Member, Pension Advisory Committee of the Pension Fund Regulatory and Development Authority (PFRDA)
  • Member, RBI Standing Advisory Committee to review the flow of Institutional Credit to MSME Sector
  • Member, National Governing Council of the Institute of Cost Accountants of India
  • Director, Life Insurance Corporation of India (LIC), Indo-Zambia Bank Ltd, Africa and various subsidiaries of Punjab National Bank and Central Bank of India
  • Mr. Manish Sanghi
  • Mr. Manish Sanghi holds the Bachelor of Engineering in Mechanical from Sardar Vallabhbhai National Institute of Technology, Surat and PGDM from Indian Institute of Management, Ahmedabad (IIMA).

    Mr. Manish Sanghi is a business leader with decades of experience in building, transforming and internationalising operationally complex businesses. Foundation built at reputed MNCs and learning enhanced through the journey of turning-around a loss- making Indian business into a successful and globally acclaimed entity. Have been described as a leader who has created a “forward looking, vibrant symbol of strength and speed” with “righteousness and foresight” and “the highest standards of humanity”. Mr. Sanghi was on the board of Everest Industries Limited for over 18 years and it’s Managing Director for nearly 10 years.