Shri. Tilak Raj Bajalia
Independent Director
Shri Tilak Raj Bajalia, aged 68 years, is an Economics Graduate with Professional Degree of ICWAI and CAIIB. He has 39 years of Banking experience, which spans various business segments such as SME Banking, Corporate Banking, Restructuring of Stressed Assets, Human Resources, Legal and Administration. He started his banking career in 1974 at Bank of India and joined IDBI in 1983. During his stint in IDBI has worked in various departments and headed branch offices at Jaipur (covering the entire Rajasthan) and Mumbai (the largest Branch of the Bank) and also headed various verticals such SME & Retail Assets, Corporate Finance, Recovery, Restructuring of Stressed Assets, Human Resources, Legal and Administration. The last post held by him was Executive Director in IDBI. He was appointed as Deputy Managing Director of Small Industries Development Bank of India. He was a member of the Committee constituted by Reserve Bank of India for restructuring cases with exposure of less than INR 100 million. He was appointed as Nominee Director on the Board of State level financial institutions, large corporates such as Mahavir Spinning Mills, Sajauli Properties (Hyat Hotel), JSW Energy, etc. Post his retirement too, Mr. Bajalia is associated with few companies and NBFCs as an Independent Director.