HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual & Business Clients.
Incorporated in 2007, we are a well-established business with strong capitalization. HDBFS is accredited with CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities and an A1+ rating for its short-term debt & commercial papers, making it a strong and reliable financial institution.
Our lines of business include – Lending and BPO Services.
Vision, Mission & Values
Vision
To Be India’s most Admired NBFC; Through Great Execution, Driving Simplicity & Developing Humility
Mission
To deliver innovative products and services to cater to the growing needs of an Aspirational India, serving both Individual & Business Clients
Values
HDBFS maintains a strong commitment to ethical conduct. Transparency is ingrained in the structure of our Code of Ethics and our compliance policies to ensure that the highest standards of professional conduct are consistently reinforced and embedded in every corner of the organisation.
Parent Company
HDB Financial Services Limited is a subsidiary company of HDFC Bank.
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.
Source - www.hdbfs.com
IPO
The company is looking to raise ₹9000 crore from the public offering, and it will be the fifth HDFC group company to list on stock exchanges.
If you are interested to participate in this block buster IPO of 2021 get in touch me by sending an mail to intellinvestor@gmail.com
Raghav