Mumbai: Veefin, a global Working Capital Technology provider, has appointed Sorabh Dhawan as the Chief Executive Officer of PSB Xchange, marking a significant leadership step for one of India’s national-scale digital credit platforms.
The appointment positions Sorabh Dhawan at the helm of a mission-critical infrastructure driving the digital transformation of public sector banking.
Sorabh Dhawan Brings 18 Years of Expertise in Banking and Digital Lending
With over 18 years of diversified experience across banking, digital lending, operations, and transformation, Sorabh Dhawan has worked with major financial institutions such as Kotak Bank, Aditya Birla Finance, and HDFC Bank.
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In his previous role as CEO of SG Finserve Limited, he successfully established an NBFC from the ground up, which is now recognised as a strong player in the Supply Chain Finance sector.
PSB Xchange: National Digital Credit Backbone Operated by Veefin
PSB Xchange is a key national digital credit infrastructure built and operated exclusively by Veefin under a long-term contract awarded by PSB Alliance, the unified body representing all Public Sector Banks in India.
The mandate includes complete exclusivity, a full lock-in period, and long-term operational responsibility, demonstrating the significant trust placed in Veefin to manage a platform of national importance.
The platform acts as a central digital rail connecting Public Sector Banks, financial institutions, and millions of customers through a secure, standardised, and interoperable digital journey.
PSB Xchange supports:
- High-volume digital credit flows
- Interoperability across banking institutions
- Transparent and compliant digital processes
- Long-term transformation of India’s PSB ecosystem
Raja Debnath, Co-founder of Veefin, said: “PSB Xchange is a national responsibility, and Veefin is honoured to be entrusted with this exclusive mandate from PSB Alliance. Sorabh Dhawan’s appointment strengthens our mission to scale the platform to its full potential and deliver long-term impact across India’s banking system.”
Commenting on his new role, Sorabh Dhawan, CEO of PSB Xchange, added: “I am honoured to lead PSB Xchange at such a transformative stage. Veefin has built one of India’s most trusted digital lending infrastructures, and I look forward to driving its next phase of growth, expansion, and nationwide impact.”
