Basant Seth
Director/Board Member at ROTO PUMPS LIMITED
Profile
Basant Seth is currently serving as an Independent Non-Executive Director at Roto Pumps Ltd., Director at Dharampal Satyapal Ltd., Director at Canbank Factors Ltd., Director at Ever Electronics Pvt Ltd., Director at AccountScore India Pvt Ltd., Director at India International Depository IFSC Ltd., Independent Director at Unity Small Finance Bank Ltd., Director at Infomerics Analytics & Research Pvt Ltd., Director at Dharampal Satyapal Foods Ltd., Director at Up Industrial Consultants Ltd., and Member at The Institute of Chartered Accountants of India.
He previously served as Chairman, Chief Executive Officer & MD at Syndicate Bank Ltd., Independent Director at State Bank of India, Director at Small Industries Development Bank of India, Independent Non-Executive Director at Multi Commodity Exchange of India Ltd., and General Manager at Bank of India.
He also served as Commissioner at Central Information Commission and Member at Auditing & Assurance Standards Board.
Mr. Seth completed his undergraduate degree from Banaras Hindu University.
Basant Seth active positions
| Companies | Position | Start |
|---|---|---|
| ROTO PUMPS LIMITED | Director/Board Member | 2017-05-11 |
| Up Industrial Consultants Ltd. | Director/Board Member | - |
| Infomerics Analytics & Research Pvt Ltd. | Director/Board Member | - |
India International Depository IFSC Ltd.
 India International Depository IFSC Ltd. Regional BanksFinance Part of India International Bullion Holding IFSC Ltd., India International Depository IFSC Ltd. operates as a depository. The company is based in Gandhinagar, India. The company was founded in 2021. Kaushal Vijaykumar Sampat has been the CEO of the Indian company since 2022. India International Depository IFSC was acquired by India International Bullion Holding IFSC Ltd. from Central Depository Services (India) Ltd. on August 08, 2022. | Director/Board Member | - |
Ever Electronics Pvt Ltd.
 Ever Electronics Pvt Ltd. Electronic Production EquipmentElectronic Technology Ever Electronics Pvt Ltd. The company was founded on August 2, 2004 and is headquartered in Pune, India. | Director/Board Member | - |
| Dharampal Satyapal Foods Ltd. | Director/Board Member | - |
Unity Small Finance Bank Ltd.
 Unity Small Finance Bank Ltd. Regional BanksFinance Unity Small Finance Bank Ltd. is a financial institution based in New Delhi, India, with subsidiaries in India. Unity Small Finance Bank Ltd. was founded in 2021, and Inderjit Camotra has been the CEO of the company since 2022. | Director/Board Member | 2021-10-25 |
Canbank Factors Ltd.
 Canbank Factors Ltd. Finance/Rental/LeasingFinance Canbank Factors Ltd. is a subsidiary of Canara Bank, controlled by the Government of India. The company is based in Bangalore, India and was founded in 1991. The Indian company provides cash flow solutions for MSMEs through sale bill factoring, LC discounting, purchase bill discounting, and vendor financing schemes. The company offers quick response and better pricing for their client-friendly products. Factoring is the discounting of receivables, converting credit sales into cash sales immediately. The company purchases receivables on a recourse basis and provides immediate credits up to 80%% to 90%% of the value of invoices. The benefits of factoring include improving turnover, better credit management, improving profit, and making balance sheets healthier. Canbank Factors provides complementary WC limits availed from banks, follow-up of each invoice by factor and collection of dues, and off-balance-sheet finance. | Director/Board Member | - |
Dharampal Satyapal Ltd.
 Dharampal Satyapal Ltd. Food RetailRetail Trade Dharampal Satyapal Ltd. operates as a multi-diversified conglomerate. Its businesses include tobacco, food and beverage, confectionary, dairy, mouth fresheners, hospitality, tobacco, packaging and agri business. The company was founded by Dharampal Sugandhi and Satyapal Sugandhi in 1929 and is headquartered in Noida, India. | Director/Board Member | 2019-11-14 |
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Former positions of Basant Seth
| Companies | Position | End |
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| ░░░░ ░░ ░░░░░ ░░░░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Basant Seth
| Banaras Hindu University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 4 |
|---|---|
| STATE BANK OF INDIA | Finance |
| BANK OF INDIA LIMITED | Finance |
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | Finance |
| ROTO PUMPS LIMITED | Producer Manufacturing |
| Private companies | 16 |
|---|---|
Small Industries Development Bank of India
 Small Industries Development Bank of India Finance/Rental/LeasingFinance Small Industries Development Bank of India acts as the principal financial institution for promotion, financing and development of the micro, small and medium enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities. The company was founded on April 2, 1990 and is headquartered in Lucknow, India. | Finance |
Syndicate Bank Ltd.
 Syndicate Bank Ltd. Regional BanksFinance Syndicate Bank Ltd. engages in the provision of banking services. It operates through the following business segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers marketing and fee income products, bancassurance, mutual funds, cash management services, and capital market services. The company was founded by Upendra Ananth Pai, Vaman Kudva, and Tonse Madhav Ananth Pai in 1925 and is headquartered in Manipal, India. | Finance |
Dharampal Satyapal Ltd.
Dharampal Satyapal Ltd. Food RetailRetail Trade Dharampal Satyapal Ltd. operates as a multi-diversified conglomerate. Its businesses include tobacco, food and beverage, confectionary, dairy, mouth fresheners, hospitality, tobacco, packaging and agri business. The company was founded by Dharampal Sugandhi and Satyapal Sugandhi in 1929 and is headquartered in Noida, India. | Retail Trade |
Canbank Factors Ltd.
Canbank Factors Ltd. Finance/Rental/LeasingFinance Canbank Factors Ltd. is a subsidiary of Canara Bank, controlled by the Government of India. The company is based in Bangalore, India and was founded in 1991. The Indian company provides cash flow solutions for MSMEs through sale bill factoring, LC discounting, purchase bill discounting, and vendor financing schemes. The company offers quick response and better pricing for their client-friendly products. Factoring is the discounting of receivables, converting credit sales into cash sales immediately. The company purchases receivables on a recourse basis and provides immediate credits up to 80%% to 90%% of the value of invoices. The benefits of factoring include improving turnover, better credit management, improving profit, and making balance sheets healthier. Canbank Factors provides complementary WC limits availed from banks, follow-up of each invoice by factor and collection of dues, and off-balance-sheet finance. | Finance |
| Central Information Commission | Government |
| Auditing & Assurance Standards Board | |
Commonwealth Finance Corp. Ltd.
 Commonwealth Finance Corp. Ltd. Regional BanksFinance Commonwealth Finance Corp. Ltd. is a private company based in Hong Kong, Hong Kong. The company, authorized and regulated by the Hong Kong Monetary Authority, has been operating since 1982. The Chinese company specializes in providing working capital finance to Asian-based companies involved in import/export trading, manufacturing, wholesale, and retail businesses. With a focus on small and medium enterprises (SMEs), Commonwealth Finance Corp. prides itself on offering personalized service, prompt decision making, and customized financing solutions. Commonwealth Finance Corp. Ltd. also engages in treasury and foreign exchange activities and maintain correspondent relationships with prime banks worldwide. | Finance |
Lohia Corp. Ltd.
 Lohia Corp. Ltd. Industrial MachineryProducer Manufacturing Lohia Corp. Ltd. manufactures and supplies machines for flexible plastic packaging solutions. It offers tape stretching lines, tape winders, circular looms, extrusion coating lines, printing machine, bag conversion lines, special purpose machines, and spin-draw wind lines for multifilament yarn. The company was founded in 1980 and is headquartered in Kanpur, India. | Producer Manufacturing |
Ever Electronics Pvt Ltd.
Ever Electronics Pvt Ltd. Electronic Production EquipmentElectronic Technology Ever Electronics Pvt Ltd. The company was founded on August 2, 2004 and is headquartered in Pune, India. | Electronic Technology |
| AccountScore India Pvt Ltd. | |
India International Depository IFSC Ltd.
India International Depository IFSC Ltd. Regional BanksFinance Part of India International Bullion Holding IFSC Ltd., India International Depository IFSC Ltd. operates as a depository. The company is based in Gandhinagar, India. The company was founded in 2021. Kaushal Vijaykumar Sampat has been the CEO of the Indian company since 2022. India International Depository IFSC was acquired by India International Bullion Holding IFSC Ltd. from Central Depository Services (India) Ltd. on August 08, 2022. | Finance |
Unity Small Finance Bank Ltd.
Unity Small Finance Bank Ltd. Regional BanksFinance Unity Small Finance Bank Ltd. is a financial institution based in New Delhi, India, with subsidiaries in India. Unity Small Finance Bank Ltd. was founded in 2021, and Inderjit Camotra has been the CEO of the company since 2022. | Finance |
| Infomerics Analytics & Research Pvt Ltd. | |
| Dharampal Satyapal Foods Ltd. | |
| Up Industrial Consultants Ltd. | |
Indo Zambia Bank Ltd.
 Indo Zambia Bank Ltd. Major BanksFinance Indo Zambia Bank Ltd. is a financial institution that offers various services such as vehicle loans, equity release, savings accounts, auto finance, and forex services. The joint venture company is based in Lusaka, Zambia. The bank was formed in 1984 by the Government of the Republic of Zambia and the Government. It provides quick financing solutions for individuals and businesses, backed by assets or security. | Finance |
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