Financial companies in this country have an enormous impact on the economic growth. In order to determine a financial base of a country, the link between intermediary institutions and regulatory institutions is very much essential. Numerous services have been provided by those companies in India, which includes mutual fund, insurance, debt collection, housing finance, credit reporting, investment advisory, portfolio management, stock broking and much more. Top 10 financial companies in India are enlisted here.
10. Indiabulls Housing Finance
This company is the inseparable part of the India bulls, Group. Since the inception of this service in 2005, it offers many housing loans in order to meet the demand of a customer. IHFL offers various loans such as home loans, property loan, and loan in a low rate of interest. The corporate office of this company is located in Gurgaon.
9. L&T Finance Limited
The above company is the subsidiary firm of L&T Co. this organization was established in the year of 1994. The finance firm has the head office in Mumbai while the branch offices are located in pan India. Their wide range of products and services for finance sections are such as personal loans, home loans, corporate loans, commercial loans, construction loans and much more. This finance part was developed in the year of 2006.
8. LIC Finance Limited
LIC Finance Ltd is one of the renowned housing finance industries in India, which provides many attractive and renovation loan to the individuals. The company is working with more than 1400 employees and the head office is situated in Mumbai, Maharashtra. The company is settled in the year of 1989. In 2012, the company is awarded as the best organization in the sector of home finance.
7. ICICI Group
ICICI is the name of the trustworthy organization in the sphere of financial solutions in India. Their products and services cover various solutions such as online trading, Insta Banking, Insta Insure, Bank i-mobile and much more. The company is engaged in dealing private equity, mutual fund, life insurances, and security. The company was established in the year of 1954. Headquarter of this institute is situated in Mumbai, Maharashtra.
6. PNB Housing Finance Limited
PNB Housing Finance Limited is one of the premier solutions as a financial company in India. It provides home loan life insurance plan in alliance with TATA AIG. This is special for a lower premium compared to Peers. The company has been developed in the year of 1988 while the financial service organization has been founded in 2009. The corporate office of this company is situated in New Delhi.
5. Housing Development Finance Corporation (HDFC)
This company has a strong presence in the Indian market, which has been founded in the year of 1977. The company is working with over 1800 employees and the market capacity of this company is 140,000.00+ Crore. Headquarter of this organization is in Mumbai, Maharashtra. This is the best destination for NRI loans, home loans, and other personal financial services.
4. Birla Global Finance Limited
Birla Global Finance Limited is the generic branch of Aditya Birla Nuvo Ltd. They are the leading organization, which deals with capital market and corporate finance sector. This company has formed Birla Sun Life Distribution Co, Birla Life Insurance Co. Ltd and much more being associated with Sun Life Financial from Canada. The company has been established in the year of 1991 and headquarter is located in Mumbai, Maharashtra.
3. DSP Merrill Lynch Limited
DSP Merrill Lynch Limited is considered as one of the top notch players in the Indian market for financial management. This particular company was founded in the year of 1914 and had expertise the service from long 100 years. Headquarter is situated in Mumbai, Maharashtra. They deliver financial advice to different institutions and corporations in such a customized way that they can meet the investor demand.
2. Bajaj Capital Limited
Bajaj Capital Ltd is one of the leading organizations in India that provides excellent financial services and investment advisory to the clients. The company was established in the year of 1965. The corporate office of this company is located in New Delhi. This specific company offers their services to NRIs, Individual investors, institutional investors, corporate houses, as well as the high network customers.
1. SBI Capital Markets Limited
This is one of the oldest organizations in India in the domain of capital markets. It has been founded in the year of 1986 and has become the second project advisory provider in Asia. This public sector company offers excellent services to the clients whose subsidiaries are SBICAP Trustee CO. Ltd, SBICAPs Ventures Ltd and lots more.