Credent Global Finance CEO resigns amid retail loan strategy shift

Samir Agarwal has resigned from his position as chief executive officer (NBFC-Retail Loans) at Credent Global Finance Limited, effective from the close of business hours on September 29, 2025. The resignation is attributed to a change in the company's business plans, which led to the discontinuation of business loan operations focusing on ticket sizes below INR 7 lakhs for the SME/MSME segment.

According to Agarwal's resignation letter, despite exploring various retail loan product plans, none proved sufficiently viable for management to pursue, and the company has no immediate plans to resume retail lending. His departure comes as Credent Global Finance shifts away from its prior focus on retail loan development.