Indel Money, a leading non-banking financial company, has taken a meaningful step towards social transformation through its CSR arm, Indel Cares. Staying true to its philosophy of giving back to society, the company has launched the ‘SMILE Homes’ initiative, aimed at providing shelter and security to the homeless in Palakkad, Kerala.
The project is being carried out in partnership with the Smart Palakkad Foundation. Each home is meant to be more than just four walls. It represents dignity, security, and the chance for a fresh start.
The noble journey officially began on Sunday, August 17, 2025, with the foundation stone laying ceremony for the first five homes. The initiative was officially launched on Sunday, August 17, 2025, with a foundation stone laying ceremony for the first five homes. Malayalam actor Asif Ali joined the event as Chief Guest, along with Indel Money Chairman Mohanan Gopalakrishnan, Executive Director & CEO Umesh Mohanan, and Palakkad MLA Rahul Mankootathil.
The project goes beyond building houses by restoring hope, strengthening communities, and offering a sense of dignity to families in need. SMILE Homes reflects Indel Money’s commitment to social responsibility that reaches beyond business goals, creating real and lasting value in people’s lives.
Through ‘SMILE Homes’, Indel money company is reinforcing its belief that true growth is measured not just by financial success, but by the positive difference made in people’s lives.
In an interview with People Manager, Anoop C. Nair, Head of Human Resources at Indel Money, shared how flexibility in NBFCs must go beyond remote work and become a structured, fair, and governance-driven strategy. He explained that in a regulated gold-loan business, people policies must balance RBI compliance, customer trust, and local cultural realities.
According to Nair, flexibility does not mean relaxed controls. At Indel Money, the core values—ethics, compliance, and customer dignity—remain uniform across India, while the implementation adapts to regional needs. The company follows a “standardise the why and what, localise the how” approach, supported by regional councils and policy audits to maintain accountability.
He highlighted micro-flexibility practices such as rotating Saturdays off, role swaps within clusters, work-from-home options for eligible roles, Recharge Leave, and Family Leave. These initiatives are designed to improve retention in a branch-led NBFC environment.
Nair also emphasised that AI should handle routine administrative tasks, allowing managers to focus on mentoring and customer trust. He stressed that employee feedback is treated as a direct decision-making input, ensuring inclusive policy updates across geographies.
The interview outlines how flexible, measurable, and skills-driven HR practices are strengthening engagement, compliance, and long-term workforce resilience at Indel Money.
Indel Money Executive Director and CEO Umesh Mohanan shared his views on the Union Budget FY27, highlighting its strong focus on foreign investment, financial stability, and long-term economic growth. According to him, the Budget is timely, especially in the context of rupee depreciation, slowing exports, and global trade pressures.
He noted that the government’s efforts to attract foreign capital are visible through tax exemptions for NRIs and Overseas Citizens, along with simplified FEMA rules. The Budget also aims to bring investments from large global corporations by offering customs duty exemptions across key sectors such as aviation components, nuclear power projects, lithium-ion batteries, critical minerals, solar equipment, and electronics manufacturing. These sectors are expected to play a major role in India’s medium-term growth.
On the banking and finance side, Mohanan welcomed the formation of a High-Level Committee on Banking for Viksit Bharat, which is expected to strengthen credit flow to banks, NBFCs, and MSMEs. Treating MSME trade receivables as asset-backed securities is seen as a positive step in easing credit access.
He also highlighted the government’s fiscal discipline, with a reduced fiscal deficit and increased public capital expenditure, which could encourage private investment. The simplified tax regime, support for data centres, bond market reforms, and rationalisation of MAT and STT were described as measures that support compliance, capital markets, and job creation.
