PSB Xchange CEO Sorabh Dhawan to scale Veefin supply chain vision

India push to modernise supply chain finance is entering a more coordinated phase, and leadership choices are becoming central to that shift. In this context, Veefin has appointed a seasoned operator to steer its flagship public platform. The move puts PSB Xchange CEO Sorabh Dhawan at the helm of a unified supply chain finance initiative that sits at the intersection of banks, businesses and digital lending infrastructure.

Veefin, known for its financial products and digital solutions, has confirmed Dhawan as chief executive officer of PSB Xchange, a platform designed to bring together supply chain finance journeys under one umbrella. His appointment comes as banks look for models that can deliver scale, risk discipline and speed to a broader base of enterprises.

What experience does Sorabh Dhawan bring to PSB Xchange

Dhawan steps into the role with more than eighteen years of experience across banking, digital lending, operations and transformation. His career has taken him through some of India most established institutions, including

• Kotak Bank

• Aditya Birla Finance

• HDFC Bank

In these roles he has worked inside large financial ecosystems, giving him a close view of how credit, technology and risk frameworks need to align for new platforms to succeed.

Most recently, as chief executive officer of SG Finserve, he built a non banking finance company from the ground up and helped turn it into a recognised name in the supply chain finance space. That journey from zero to scale is especially relevant for PSB Xchange, which must marry public responsibility with private sector agility.

Why is PSB Xchange described as a national responsibility

Veefin co founder Raja Debnath frames PSB Xchange not merely as a product but as a national responsibility. By calling it that, he signals the platform potential to support a wide network of public sector banks and the businesses they serve, particularly in segments that struggle to access timely working capital.

For Veefin, being entrusted with the exclusive mandate from PSB Alliance raises the stakes. It means the company is expected to deliver a digital infrastructure that can work reliably across different bank systems, risk appetites and customer profiles. Dhawan appointment is presented as a key step in scaling the platform to its full potential and ensuring it delivers impact across the banking system rather than remaining a niche experiment.

What should lenders and businesses expect from this phase

While specific product roadmaps are not detailed in the announcement, Dhawan statements point to a focus on growth, expansion and nationwide impact. That suggests attention on a few core areas.

• Making the platform easier to adopt for participating banks

• Strengthening the experience for corporates and smaller suppliers

• Using data and digital processes to make decisions faster and more transparent

For banks, a unified platform can reduce duplication of effort and provide more consistent visibility into supply chains. For businesses, especially those embedded in multi tier supplier networks, it can translate into more predictable access to finance as invoices move through the system.

What does this appointment mean for India supply chain finance

In his first remarks, Dhawan describes the opportunity as arriving at a transformative stage. He acknowledges Veefin role in building digital lending infrastructure that is already trusted in the market and positions PSB Xchange as the next step in that journey.

His focus on scaling, expansion and impact hints at an ambition to make the platform part of everyday credit flows rather than an optional tool. If successful, this could help standardise how supply chain finance is accessed and managed across different banks while still leaving space for institution specific products and policies.

For a country where many smaller businesses remain under served by traditional working capital channels, such platforms can help close gaps between intent and availability. The leadership at the top will play a major role in determining whether that promise translates into consistent execution.

By placing an executive who has built a supply chain finance focused lender and worked inside major banks at the head of its unified platform, Veefin is signalling how seriously it views PSB Xchange role in the wider ecosystem, and PSB Xchange CEO Sorabh Dhawan will now be responsible for turning that ambition into scaled, system level impact.

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