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Showing posts from June, 2019

HDB Financial Services - Servicing All Financial Needs - Getting Geared towards Listing

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HDB Financial Services Ltd was incorporated in Ahmedabad on June 4 2007, as a non deposit taking Non Banking Financial Company (NBFC) and is engaged in the business of financing. The company offers a wide range of loan products to various customer segments and act as a distributor of third party products. Company has opened 185 new branches and touched new 130 cities in FY19. Total stood at 1350 branches (1165) in 961 (831) cities in India as on March 31, 2019. Segment: Consumer Loans  (Consumer Durable Loans, Digital Product Loan, Gold Loan, Auto Loan, Personal Loan and Loan against Mutual Fund Units),  Enterprise Loans  (Unsecured Business Loan, Loan against Property, Loan against Lease Rental, Enterprise Business Loan, Auto Refinance and Loan against Securities), Asset Finance (Commercial Vehicle Loans, Construction Equipment Loans, Tractor Loans) and fee based products / Insurance Service (Life & General Insurance products of HDFC Standard Life Insuranc...