Ms. Anubha Khandelwal, the esteemed Chief Compliance Officer at SK Finance, has been recognized as the "Chief Compliance Officer of the Year" in the NBFC category at the BFSI Leadership Awards 2024. This honour reflects Ms. Khandelwal's unwavering commitment to upholding regulatory standards and ensuring compliance excellence at SK Finance.
Media Coverage
Serving Humanity: SK Foundation's Dayitva 2023
SK Foundation organized 'Dayitva' a blood donation camp in more than 20 cities in Pan India on December 4th 2023.
SK Surat Marathon
Surat experienced an exhilarating SK Surat Marathon on June 30, 2024.
SK Raipur Marathon 2024: A Run for Her
Raipur experienced an exhilarating SK Raipur Marathon on March 3, 2024. The event was flagged off by the renowned Bollywood actress Mahima Chaudhary, who infused the event with unmatched energy and excitement, setting the tone for a day filled with passion and sportsmanship. The marathon showcased four races of varying distances - 21 kilometers, 10 kilometers, 5 kilometers, and 3 kilometers, bringing together thousands of participants from diverse backgrounds, making it a truly inclusive and unforgettable event.
Health Care
Jaitsar- Ambulance unveiled in a function at Government Primary Health Center. Fincorp and SK Foundation announced no dearth of funds for health facilities.
Plantation done in Jawahar Nagar Park on Earth Day
Earth Day concluded with plantation drive at Jawahar Nagar Park and a drawing competition for children.
SK Finance presented an ambulance to Jaitsar PHC
Villagers' demand for ambulance fulfilled. Ambulance presented by SK Finance to Jaitsar PHC.
SK Foundation changed the face of the school
Jaipur- SK Foundation adopted school. Developed infrastructure by giving financial assistance, as well as paid the outstanding fees of about 150 students.
Enabling regular people to become entrepreneurs- SK Finance aims for rapid nationwide expansion.
With an AUM (assets under management) of Rs. 4714 crore, SK Finance is one of the country’s foremost NBFCs today. The company earned a profit of Rs. 143 crore last year, with a market presence across ten Indian States. Rajendra Kumar Setia, the promoter and managing director, however, states that sustainability has always been the core philosophy for building the business, and not sheer speed. He also opines that despite fluctuations and shocks like the sub-prime crisis in 2008, ILFS crisis, GST, demonetization, and even the coronavirus pandemic, the company has always come out strong due to its rigid standards of corporate governance and sustainable approach.
SK Finance is now aiming to double its AUM within the next three years, and Rajendra Kumar Setia also mentions that the core goal is to encourage and develop lakhs of Indian entrepreneurs and provide them support throughout their journeys. He offered an example where lakhs of drivers have become owners and how their empowerment has created a bright future for the company. The founder has himself gone through several upheavals in life, losing a small finance company that he began in 1991, just after getting married in the year 1993. With his uncles and father separating their family business, his finance business then went to an uncle. However, his father backed him in setting up another company in the year 1994. He never took any loans for expansion and it was majorly a small-scale operation at first. The actual wave of growth happened in 2006 after the rollout of corporate governance standards, while the company began functioning as direct-selling agents for HDFC Bank and many others. It also raised Rs. 15 crores in 2010 from banks, by putting up his house and office as security. The institution then started financing tractors, small commercial vehicles, and cars according to Setia. With network expansion and a robust balance sheet, 2012 saw Banyan Tree becoming a PE investor, putting in Rs. 18 crore. The company valuation also surged to Rs. 72 crore as a result. The company never had to look back according to Setia, while getting investors every 6-12 months and scaling up its presence in Gujarat with 35 branches in 2014. Currently, SK Finance has six marquee investors who have 60% of company equity. The rest are promoter-owned. The company has already scaled up its presence to 10 States and 425+ branches, while possessing more than 6,500 employees on its rolls. It forayed into the business loan segment in 2018, which accounts for 16% of its business currently. His father’s inspirational journey saw Setia shelving his ambitions of becoming a doctor to venture into the field of finance, with spectacular results. SK Finance is now poised to take the next leap in its chequered journey, with the next generation set to join the business.
SK WHWF session on financial wellbeing happening on 17-18th Dec, 2022
The World Health and Wellness Fest-22 presents by SK Finance Limited, primarily aims to advancement of health and wellness. This event revolves around the concept of expansion of holistic living, spiritual comfort and an unruffled way of life. SK-WHWF 2022 is a manifesto that shall exhibit numerous products, services and concepts to assist all on the path of comprehensive contentment. The Health Span Show, which will take place at the crossroads of two huge trends - longevity and wellness - will bring together investors, industry experts, and brand leaders to explore how wellness and wellbeing may be harnessed to live longer, better lives. And what role corporations, healthcare institutions, and consumers may play in a global health change. The event will present a series of breakout sessions featuring speakers and panelists from various countries, as well as key marketers and partners around the world including Ministers and senior - level guests.
From Challenges to Opportunities: The Inspiring Journey of Mr. Rajendra Setia, MD & CEO, SK Finance Ltd.
Discover the captivating story of Mr. Rajendra Setia as he shares his insights on the thriving BFSI sector and the growing Indian economy, where challenges have transformed into opportunities. Gain valuable perspectives on the increasing consumer spending in India.
In this exclusive interview with the leading Hindi business newspaper Nafa Nuksaan, Mr. Setia delves into his remarkable experiences, unveiling the strategies that have propelled SK Finance to new heights. From navigating industry challenges to harnessing the potential of the evolving market, he offers unique insights into the dynamic landscape of finance.
SK WHWF - A testament to our commitment to fostering a healthier and happier world.WHWF
SK World Health and Wellness Fest (SK WHWF) proved to be a resounding success, attracting over 12,000 attendees.
SK Jodhpur Marathon 2023: A Run to Remember!
On a vibrant day in Jodhpur, the city witnessed the exhilarating SK Jodhpur Marathon on 17 December 2023
Serving Humanity: SK Foundation's Dayitva 2023
SK Foundation organized 'Dayitva' a blood donation camp in more than 20 cities in Pan India on December 4th 2023.
SK Surat Marathon
Surat experienced an exhilarating SK Surat Marathon on June 30, 2024.
Awards & Recognitions
Upholding Regulatory Excellence: Mrs. Anubha Khandelwal Recognized as Chief Compliance Officer of the Year – NBFC
SK Finance Wins Gold at E4M Pitch BFSI Marketing Summit 2024
SK Finance has won the Gold Award for Most Effective Marketing Campaign - NBFC at the Exchange4Media Pitch BFSI Marketing Summit 2024 for SK Chai Chaupal campaign. This award recognizes the significant impact and effectiveness of our campaign. We extend our heartfelt thanks to everyone who supported and contributed to this achievement.
CX Excellence Awards 2024 for Best Use of WhatsApp Bot (Vehicle Finance)
SK Finance has been honoured at the 4th CX Excellence Award 2024 in Bengaluru for the Best Use of WhatsApp Bot in CX (vehicle finance). This recognition highlights our commitment to leveraging innovative technology to enhance customer experience. We extend our heartfelt gratitude to our customers and all SK team members for their continuous support and dedication. This award motivates us to keep pushing the boundaries of excellence in customer service.
ITOTY Awards 2024 for Best Pre-Owned Tractor Financer in India
SK Finance has been honoured as the Best Pre-Owned Tractor Financer in India at the prestigious ITOTY Awards 2024. Winning this accolade for the second consecutive year is a testament to our unwavering commitment to providing exceptional financial solutions to our valued customers in the agriculture sector. This achievement reflects our unwavering dedication to supporting the heart of our nation—the incredible farmers and Agriculture sector.
Mr. Yash Setia, whole-time director of SK Finance, was honored with the prestigious Rajasthan Gaurav Award 2024
At the Sanskriti Yuva Sansthan event, Mr. Yash Setia, the whole-time director of SK Finance, was bestowed with the esteemed Rajasthan Gaurav Award 2024. The honor was conferred upon him by the Hon'ble Governor of Rajasthan, Shri Kalraj Mishra.
ITOTY Awards'23 for Fastest Growing Tractor Financer in India
This incredible achievement is a testament to our unwavering commitment to providing exceptional tractor financing solutions and empowering our valued customers in the agricultural sector.
We extend our heartfelt gratitude to all our customers and partners who have supported us on this remarkable journey.
"Best Corporate Cash Management Services" award by HDFC bank
We are pleased to announce that SK Finance has been honored with the prestigious HDFC Bank award for Outstanding Corporate Cash Management Services, a testament to our commitment to excellence
"Best Technology Adoption" award by HDFC bank
At SK Finance, we believe in staying ahead of the curve, providing our valued customers with seamless digital solutions and top-notch services.
A huge thank you to HDFC Bank for this incredible recognition and for acknowledging our efforts in transforming the financial landscape.
SK Finance Honoured as Best Brand of 2022 by The Economic Times
The prestigious award ceremony took place in Mumbai on the 20th of December 2022. The award was presented to Mr. Yash Setia, Whole Time Director and it was an honour to receive it from Mr. R Balki, India's renowned Bollywood Director. This recognition is a testament to our commitment to excellence and customer satisfaction.
The Economic Times Honors SK Finance as Best Brand of 2023
SK Finance secured the title of Best Brand at the 6th Edition of ET NOW Best Brands Conclave for 2nd consecutive year. This recognition serves as a powerful testament to our unwavering dedication to excellence and customer satisfaction.
Standing tall among India's elite brands, SK Finance's Super 30th Year is crowned with the glory of this prestigious accolade, solidifying a legacy of excellence that resonates through the years.
Mastering Financial Excellence: Mr. Atul Arora Honored as CFO of the Year – NBFC
In a significant achievement, Mr. Atul Arora, the esteemed CFO at SK Finance, has been honored with the distinguished "CFO of the Year" award in the NBFC category at the BFSI Leadership Awards 2024. This recognition stands as a testament to Mr. Arora's exceptional financial stewardship, strategic leadership, and invaluable contributions to SK Finance
Pioneering the Future of Finance: Mr. Girish Dangayach Receives Best Digital Transformation Initiative – NBFC
Mr. Girish Dangayach, a visionary leader at SK Finance, has been acknowledged with the "Best Digital Transformation Initiative" award in the NBFC category at the BFSI Leadership Awards 2024. This accolade underscores Mr. Dangayach's innovative approach and commitment to steering SK Finance towards a digitally empowered future.
Upholding Regulatory Excellence: Mrs. Anubha Khandelwal Recognized as Chief Compliance Officer of the Year – NBFC
Ms. Anubha Khandelwal, the esteemed Chief Compliance Officer at SK Finance, has been recognized as the "Chief Compliance Officer of the Year" in the NBFC category at the BFSI Leadership Awards 2024. This honour reflects Ms. Khandelwal's unwavering commitment to upholding regulatory standards and ensuring compliance excellence at SK Finance.
SK Finance Wins Gold at E4M Pitch BFSI Marketing Summit 2024
SK Finance has won the Gold Award for Most Effective Marketing Campaign - NBFC at the Exchange4Media Pitch BFSI Marketing Summit 2024 for SK Chai Chaupal campaign. This award recognizes the significant impact and effectiveness of our campaign. We extend our heartfelt thanks to everyone who supported and contributed to this achievement.
Life at SK
At SK Finance, life is always filled with excitement, new challenges, and plenty to learn.
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