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(20 Jun 2025, 19:21)
Retail focused diversified NBFC from HDFC Bank
Seventh largest NBFC with well diversified product portfolio serving second largest customer base
HDB Financial Services incorporated in 2007 is the seventh largest leading, diversified retail-focused non-banking financial company (NBFC) in India in terms of the size of gross loan book at Rs 90220 crore at end March 2024. It is categorized as an Upper Layer NBFC (NBFC-UL) by the RBI. The company is a subsidiary of HDFC Bank, which is the largest private sector bank in India with businesses (including those of its subsidiaries) spanning across retail and commercial banking, asset management, life insurance, general insurance and broking.
HDB Financial Services offers a large portfolio of lending products catering to a diverse customer base through a wide omni-channel distribution network. AUM of the company has increased at a CAGR of 23.71% to Rs 107260 crore at ...
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