Three years after acquiring the Rs 807-crore loan book of Karvy Financial Services, SBFC Finance’s assets under management exceed Rs 3,000 crore. Backed by the Singapore-based Clermont Group and Arpwood Partners, it wants to redefine the play in lending to micro-enterprises.
ASEEM DHRU, the company’s founder and chief executive officer, spoke to Raghu Mohan. Edited excerpts:
What is your positioning in the small-ticket credit markets?
The small-business segment is in the rain-shadow of state-run and private banks, and there is space to be a nationwide player in it. There are nearly 65 million small businesses and not more than 8-9