Mr. B.L.Chandak acquired his Master's degree in Economics, and has travelled through diversified positions in his career path. He has handled various positions such as Lecturer, Probationary Officer, and a Research Officer. Currently, he is a Deputy General Manager in SIDBI, taking care of the promotional and development activities.

He has authored numerous books, and articles. His interest is in working for SSI, its needs, problems faced by the sector, working for financial systems, non-bank credit channels, and industrial development. His hobbies include listening to discussions of economics, songs, and undertaking researches of various issues affecting SSI.