HDB Financial Services Limited Unlisted Shares

(i) HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an aspirational India, serving both Retail & Commercial Clients. It is a Systemically Important Non-Deposit taking Non-Banking Financial Company (‘NBFC’).

(ii) Incorporated in 2008, they 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.

(iii) Products of the Company: The current product portfolio consists of three main categories i.e. Loans, Fee-based products, and BPO services.

Loans

Consumer Loans – The Company provides White loans( Washing Machine and Refrigerator), Brown loans( such as televisions, audio equipment, and similar household appliances, etc) and digital products( such as Mobile Phones, Computer, and Laptops). The company also provides loans for household purposes.

Consumer Loans Portfolio includes:

1. Gold loan
2. Consumer Durable loan
3. Auto loans
4. Personal loans.
5. Loan against MFs.

Enterprise Loans:
Small and Medium Enterprise needs funding either for Working Capital, buying a new bid, or setting up a new plant. The company offers secured and unsecured loans to these SMEs.

Asset Finance:
The company provides loans to purchase a new and old vehicle or the vehicles which generate income for the borrowers such as Truck, Tractors etc.

Fee-based products:
The company is registered Corporate Insurance Agents which sells Life and General insurance products of HDFC Life and HDFC Ergo to the clients.

BPO Service:
Collection Service- The company has a contracted with HDFC bank to collect dues from the borrowers. The company has set up 15 call centers across the country with a capacity of 5000 seats.

(iv) Infrastructure:
The Company has 1,468 branches in 1,070 cities in India as on March 31, 2020.