SBFC Finance Appoints Sanket Agrawal As CFO After Narayan Barasia Resigns
The Board of SBFC Finance has appointed Sanket Agrawal as the new Chief Financial Officer and Key Managerial Personnel (CFO & KMP) of the company, effective July 16, 2026. He replaces Narayan Barasia, who has stepped down effective July 15, 2026.
Sanket Agrawal is Chief Strategy Officer of BIU & Analytics, Digital Collection, and Investor Relations Officer at SBFC Finance. An alumnus of Harvard Business School, he is responsible for developing and executing business strategies in collaboration with the CEO, senior leadership, and the Board of Directors. He leads initiatives focused on process automation, digital transformation, business intelligence, data analytics, and artificial intelligence (AI) adoption. Agrawal also heads the company’s Digital Collections function and supports operational improvements through data-driven insights. He played a key role in leading SBFC’s initial public offering (IPO) and has been responsible for building and managing the company’s investor relations function. His experience spans strategy, analytics, digital operations, and corporate finance.
Narayan Barasia is a finance professional who has served as CFO of SBFC Finance since joining the company on October 24, 2018. He has experience across financial management, accounts, taxation, treasury, secretarial, and legal functions. He has also completed the Chartered Financial Analysts Programme. Before joining SBFC Finance, he held leadership roles at Greaves Cotton Ltd., where he served as President of the Auxiliary Power Business and Industrial Engineering Business. Earlier, he worked with Godrej Foods, Godrej Sara Lee, and Olam Agro India. Barasia holds a bachelor’s degree in commerce from the University of Calcutta and is an Associate of the Institute of Chartered Accountants of India and a member of the Institute of Company Secretaries of India (ICAI & ICSI).




