Mr. Tilak Raj Bajalia has completed BA (Economics), CAIIB, ICWAI.
Mr. Bajalia retired as Deputy Managing Director of the SIDBI, before joining Board of the Company as Independent Director. Before being appointed as a Managing Director of SIDBI in October 2012, he was the Executive Director with IDBI Bank Limited.
During his 39-year stint in banking industry, he has handled various portfolio including Corporate Banking, Project Appraisal, NPA management and resolution, MSME Funding, Human Resource Management/Development, Training, Legal, Management of facilities and infrastructure.
He played a significant role in the formation of the Micro Small and Medium Enterprises (MSME) vertical in IDBI in 2008. He had been an IDBI nominee on the SIDBI Board since 2009, before being appointed its Deputy Managing Director.
He served as a Member of the Committee constituted by Reserve Bank of India for restructuring of SME and other concerns. He was member of committees relating to MSME sector constituted by chambers of commerce including Maharashtra Chamber of Commerce, FICCI and CII.