Finance Companies Of India

Finance Companies Of India
Housing Development Finance Corporation Ltd. Power Finance Corporation Ltd
Rural Electrification Corporation LtdShriram Transport Finance Company Ltd
Reliance Capital LtdIDFC Ltd
LIC Housing Finance LtdReligare Enterprises Ltd
IFCI LtdIndiabulls Financial Services Ltd
Bajaj Capital LimitedDSP Merrill Lynch
SBICAPSICICI Group
PNB Gilts LtdCIL Securities Ltd
Aditya Birla FinanceIndia Infoline Limited
The financial market in India has seen tremendous change post liberalization. It is today a major wheel to India’s economic growth. Companies dealing with finances are usually either banks or those that assist in providing finances and related services to individuals and businesses. Here are the top 10 finance companies in India that provide financial services and related products:

Housing Development Finance Corporation Ltd. (www.hdfc.com)

Founded in 1977, HDFC is a financial services giant in India. Headquartered in Mumbai, this mortgage company has over 300 offices in the country and international offices in London, Dubai and Singapore. Its annual revenue for 2012 was 3.44 billion USD.

Power Finance Corporation Ltd. (www.pfcindia.com)

With annual revenue of 2.36 billion USD, this award winning financial institution caters to the power sector in India. This public sector unit (PSU) was established in 1986 and has the prestigious Navratna status. Its products include short term loan and foreign currency loan.

Rural Electrification Corporation Ltd. (recindia.nic.in)

Another Navratna company, REC is involved in the noble task of financing projects for rural electrification in India. Incorporated in 1969, this PSU is under the Power Ministry, Government of India and is based in New Delhi. Its annual revenue is 1.19 billion USD.

Top 10 Finance Companies
S.NoSite Name
1.HDFC Ltd.
2.Power Finance Corporation Ltd.
3.Rural Electrification Corporation Ltd.
4.Shriram Transport Finance Ltd.
5.Reliance Capital Ltd.
6.IDFC Ltd.
7.LIC Housing Finance Ltd.
8.Religare Enterprises Ltd.
9.IFCI Ltd.
10.Indiabulls Financial Services Ltd.
As on 04/Dec/2012
Shriram Transport Finance Company Ltd. (www.stfc.in)

Established in 1979, STFC is the largest finance company in India that caters to providing loans for commercial vehicles like trucks and tractors. The company is famous for lending to individual owners of trucks. It has over 480 branches in the country.

Reliance Capital Ltd. (www.reliancecapital.co.in)

Reliance Capital is a prominent financial services firm in India, founded in 1986. Its service offerings include mutual funds, stock broking, life insurance, depository services, asset management and private equity. Its annual revenue figure for 2011 was 990.44 million USD.

IDFC Ltd. (www.idfc.com)

IDFC is an ISO certified company involved in financing infrastructure projects across India. Incorporated in 1997, its work has since been recognized with several honors. Its products include project finance, investment banking securities, mutual fund, and government advisory.

LIC Housing Finance Ltd. (www.lichousing.com)

Founded in 1989, LIC Housing Finance is a well known firm for financing real estate projects in India and abroad. Apart from its many offices in the country, LIC HFL, it is also present in Dubai and Kuwait. The company has is headquarters in Mumbai.

Religare Enterprises Ltd. (www.religare.com)

Starting with a stocking brokerage profile in 1994, Religare today is a global financial firm offering a variety of services from asset management to institutional equities to insurance. The company has its headquarters in New Delhi and offices in several locations in and outside India.

IFCI Ltd. (www.ifciltd.com)

Incorporated in 1948, IFCI today is well known for its financial consulting and services in the major industries in India including PSUs, manufacturing and infrastructure. Its products and services include project finance, short term loans, corporate advisory, and equity.

Indiabulls Financial Services Ltd. (financial.indiabulls.com)

Based in Gurgaon, Indiabulls Financial Services is a leading NBFC (non banking financial company), offering services like housing finance and commercial vehicle loans. It has received awards like the “People Choice Awards for the Most Preferred Brand in Housing Finance” in 2011. It is also famous for its customer service.

Bajaj Capital Limited (www.bajajcapital.com)

Founded in 1964, Bajaj Capital Limited is one of the leading financial services firms of India. The company provides financial planning and advisory services related to investments, wealth management, retirement and future planning, tax saving etc. In addition, it also offers a number of investment products such as bonds, mutual funds, insurance and fixed deposits. The company has more than 200 branches located all over India, which cater to the needs of individual investors, corporate houses, high networth clients and NRIs.

DSP Merrill Lynch (www.dspml.com)

It is a subsidiary of Bank of America Corporation and offers wealth management, investment banking and brokerage services. The company also provides financial advisory services to corporations, individuals and governments. It also deals with government securities and is one of the leading players of equity and debt securities in India.

SBI Capital Markets Ltd (SBICAPS) (www.sbicaps.com)

SBICAPS is one of the oldest investment banks in India, which was established in August 1986. It provides investment, advisory and financial services to almost all sectors of the economy. The company has established itself as a pioneer in providing advisory related services to infrastructure and core sectors. It is a fully owned subsidiary of the largest commercial bank of India i.e. SBI.

ICICI Group (www.icicibank.com)

Established in 1955, ICICI group provides services to both corporate and individual customers in the areas of personal banking, investment banking, insurance, venture capital and asset management. It delivers these services through its specialised group companies like ICICI Bank, ICICI Prudential Life Insurance, ICICI Securities Ltd. and many more. The major products provided by its group companies are loans, wealth management, bank accounts, life insurance, general insurance, mutual funds etc. ICICI is the major provider of foreign currency loans to the industries of India.

PNB Gilts Ltd (www.pnbgilts.com)

PNB Gilts Ltd is one of the first companies in the Indian debt market which was granted the license of Primary Dealership by the Reserve Bank of India. It is completely owned by Punjab National Bank. The primary activity of the company is issuance and trade of fixed income instruments such as government securities, treasury bills, corporate bonds and various money market instruments such as commercial papers and certificates of deposits. It also offers advisory services related to management of government securities portfolio to its clients.

CIL Securities Ltd (www.cilsecurities.com)

Based in Hyderabad, CIL Securities Ltd started its operations in the year 1989. It provides various financial services primarily in India. The major services offered by the company includes securities trading, equity research, merchant banking and registration & transfer of shares. It is listed at The Bombay Stock Exchange Ltd. and has a total net worth of more than Rs. 10 crores.

Aditya Birla Finance (adityabirlafinance.com)

It is one of the leading non-banking financial companies (NBFCs) of India. It was founded in 1991 and is a subsidiary of Aditya Birla Financial Services. The company is engaged in the business of security based lending and IPO financing. It offers services in the areas of capital market, corporate finance, mortgages and infrastructure finances.

India Infoline Limited (www.indiainfoline.com)

TIndia Infoline (IIFL) is one of the premier brokergae firms of India. It was founded in 1995 and since then it has evolved into a major provider of financial services. The services and products offered by the company includes equity research, equities and derivatives trading, wealth management, mutual funds, life insurance, loans and many more. The company has a wide network of over 3,000 business locations all over India and serves around one million customers.