Since the call of the needy has been haunting l ventured in to money lending business and started Sreekrishna Enterprises in 1997 at my village cherpullessery in a humble way, with the trust and integrity I gained among my customers and that confidence motivated me to go next level and entered the chit fund business in 1999 by starting Aeppeeyem chits & kuries followed by sreekrishna bankers in 2001-Providing gold loan was the main line of activity. Acquisition of VIKAS HIRE PURCHASE Co Ltd (an NBFC) in 2012 is really a turning point. In 2015, VIKAS became an ISO 2008-2015 Company & also started the Nidhi company, MANDHIR VIKAS NIDHI Ltd, In 2017 we got F. F. M. C license from RESERVE BANK OF INDIA and started a separate division of VIKAS FORIGN EXCHANGE & we got the CRISL rating in 2018.
Over a period more than two decades, VIKAS has been recognized for offering innovative and customer-friendly financial solutions with the support of most modern technology across Gold Loan, Affordable housing, Rural / SME Lending & Micro credits sector. In the field of financing to different sector, success is derived from the ability to be accessible to them just when they require funds to realize their dreams. Company works on a sound business model that focuses on building and nurturing long-term relationships with our stakeholders.
We continue to explore more and more avenues to reach and succeed. It has been a satisfying journey for all of us thus far and we look forward to continue our journey by enhancing our services in the years to come…….
“ Is it possible for you to arrange some cash today? I will definitely return it by today evening or latest by tomorrow morning .Its grave emergency. Please…..I need to repay the home loan EMI today because today is the last date….pleease…I don’t have another options Pleeeease…”
“ My dear ,you should have asked me yesterday. This is the problem with you guys. Today morning only I invested my whole cash in the share market .Now I even need to bank on somebody to buy necessary provisions. I am in such a pathetic situation . Believe me dear friend .Please don’t misunderstand me. Next time definitely YES”
A BIG DIPLOMATIC NO FOLLOWED BY OUT OF THE WORLD LAME EXCUSES AND COOKED-UP STORIES .HIS HELPLESSNESS AND THE SAD STORIES OF HIS FINANCIAL LIABILITIES….. YOU ARE IN A BIG SOUP……
A deep sight darkness surround him. Lost hope. Losing soil down the feet….The last door is also closed with a bang .HELPLESS,BAFFLED AND AT BAY… For a minute he reminisced about the centuries old Barter system, A healthy system where people exchanged services and goods for other services and goods in return, A beautiful system where money is not involved. For a moment he wished Barter system should have prevailed…. and cursed the current monetary system.
As the years passed by the Barter system gave way to a new monetary system involving currency with this paradigm shift money gained power and started ruling the human, society and eventually the nation , dividing them in to developed, developing and under developed nations. Even a new terminologies came in to being MONEY POWER, MONEY MATTERS,MONEY TALKS…etc .
Money differentiates the society in to rich and poor. The current socio economic situation made the rich, richer and the poor poorer , which paved the way for social insecurity and unrest. The recent socio economic changes and the changing fiscal policies of the government made banking industry really challenging..
With heart and Soul I took up that challenge and ventured in to “BANKING INDUSTRY” The outcry and helplessness of the needy …Fell on deaf years. Everybody in day-today life definitely had gone through these kind of embarrassing situations, one day or the other…
Many a times I had witnessed these kind of embarrassing situations of my countrymen in my life .The sadden stories of my village men…The helplessness of the needy .I couldn’t be blind to these facts and it was an eye-opener for me. A true revelation. After graduation my career was at crossroads…which profession to pursue…? Either be an entrepreneur or be a decently salaried employee in any MNCs…
Since the call of the needy has been haunting .I ventured in to money lending business and started Sreekrishna Enterprises in 1997 at my village cherpullessery in a humble way, with the trust and integrity I gained among my customers ,the business graph slowly ascended .I realize the needs and requirements of the artisans and small traders and stood by them and shouldered them to achieve success .I grew strong with my customers and that confidence motivated me to go the next level and entered the chit fund business in 1999 by starting Aeppeeyem chits & kuries followed by sreekrishna bankers in 2001.Providing gold loan was the main line of activity at SKB. Acquisition of VIKAS HIRE PURCHASE Co. Ltd in 2012, an NBFC was really turning point as the demand for Two wheeler loan was catching up momentum at that time. In 2015 , VIKAS became an ISO 2008-2015 Company he also started the nidhi copany , MANDHIR VIKAS NIDHI Ltd, In 2017 he is successfully getting F.F.M.C license from RESERVE BANK OF INDIA and started a separate division of VIKAS FORIGN EXCHANGE to take care of the foreign exchange related activities including fund transfer .During the same period he stated the service of issuing air tickets .He was also successful in getting permission for issue of debentures in 2017.
The proven track record in money lending and the trust , I developed among my glorified customers made me the undoubted market leader in NBFC and VIKAS MONEY LTD in Palaghat district .Let me take this opportunity to thank wholeheartedly all my customers who stood by me in thick & thin and partnered in my success as a much sought after banker