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About the Company

Veritas Finance Limited is an Indian Non-Banking Finance Company (NBFC) that focuses on providing financial services to micro, small, and medium enterprises (MSMEs) in India, according to its website and other sources. They aim to make credit accessible to this underserved sector, which often lacks access to formal financial services. 

Here’s a more detailed breakdown:
  • Focus on MSMEs:

    Veritas primarily targets micro, small, and medium enterprises (MSMEs) and self-employed individuals. 

  • Registered NBFC:

    They are registered with the Reserve Bank of India (RBI) as a “middle layer” NBFC. 

  • Wide Reach:

    Veritas operates through a network of branches and employs a significant number of employees. 

  • Investment:

    The company has received investment from organizations like British International Investment. 

  • Financial Inclusion:

    Veritas’s mission is to provide inclusive access to financial services, particularly to those engaged in informal activities. 

  • Loan Products:

    They offer a range of loan products, including small business loans. 

  • Customer Base:

    Veritas serves a diverse customer base, including those in Salem and other locations. 

  • Key Personnel:

    The company is led by D. Arulmany, who is the Founder and Managing Director & CEO, according to the Veritas Finance website. 

  • Consumer Education:
    Veritas is committed to educating consumers about their rights and responsibilities related to financial services
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