IndoStar Capital Finance Ltd. appointed Deep Jaggi as its new chief executive officer. R. Sridhar will continue as vice-chairman of IndoStar until the end of his five-year term on 17 April 2022. Sridhar had joined the company in April 2017 as the executive vice-chairman and CEO.

In his role as the chief business officer, Jaggi has been responsible for the overall retail business development and collections. Under his leadership the retail business has established pan-India presence by adding resources in the North and East regions.