Mumbai, Maharashtra, India, February 2026 — SBFC Finance Limited has announced the elevation of Aseem Dhru as Executive Vice-Chairman, following a Board-approved re-designation for a five-year term from April 1, 2026 to March 31, 2031. Aseem Dhru will continue to serve as Managing Director & Chief Executive Officer, a role in which he has been instrumental in building SBFC into a strong, retail-focused non-banking financial company.
Since joining SBFC Finance Limited in 2017, Aseem Dhru has played a pivotal role in shaping the organisation’s strategy, strengthening its underwriting framework, and expanding its reach among small businesses and consumers. Under his leadership, SBFC has evolved into a technology-led lending institution with a clear focus on scalable and sustainable growth.
Alongside his leadership responsibilities at SBFC, Aseem Dhru also serves as Non-Executive Director at Safari Industries India Ltd. and Non-Executive Director at Rossari Biotech Ltd, reflecting his broader engagement across corporate India and multiple industry sectors.
Prior to SBFC, Aseem Dhru held several marquee leadership positions within the HDFC Group. He served as Group Head – Business Banking, Agriculture & Rural Banking at HDFC Bank, where he oversaw key lending verticals and played a central role in driving growth across business and rural banking. Earlier, he was Managing Director & Chief Executive Officer of HDFC securities, leading the organisation through a significant phase of expansion and market consolidation.
His earlier tenure at HDFC Bank included serving as Executive Vice President, during which he led multiple lending businesses spanning consumer finance, agriculture, commercial vehicles, infrastructure finance, healthcare finance, and home loans. He was also closely involved in launching landmark businesses such as Business Banking and Loan Against Property, which went on to become important growth engines for the bank.
Beyond executive roles, Aseem Dhru has contributed at the board and advisory level across the financial ecosystem. He served as an Advisory Board Member at National Stock Exchange of India Limited and as Non-Executive Director at HDB Financial Services Ltd, further strengthening governance and institutional leadership across India’s capital markets and financial services landscape.
Earlier in his career, Aseem Dhru was part of the founding team at Anagram Finance Ltd, where he helped establish Anagram Securities and Anagram Wellington Asset Management as part of a joint venture. He began his professional journey with Deloitte India, completing his articleship during his formative years in the financial profession.
With over three decades of experience across banking, capital markets, retail lending, and institutional leadership, Aseem Dhru’s elevation to Executive Vice-Chairman marks a significant milestone in SBFC Finance Limited’s leadership evolution.
About SBFC Finance Limited
SBFC Finance Limited, headquartered in Mumbai, is a new-age financial services institution focused on providing credit to small businesses and consumers. Founded in 2017, the company acquired the retail lending book, branch network, and operating infrastructure of Karvy Financial Services Limited. Backed by equity investments from Lyra Partners and Arpwood Partners, SBFC leverages technology-driven processes and strong underwriting practices to address the financing needs of India’s underserved small business segment.
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