- CEO
- Ganesan Ramesh
- Full Time Employees
- 88,162
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- HDB House Mumbai MA India 400057
- IPO Date
- Jul 2, 2025
- Business
- HDB Financial Services Limited, a diversified consumer finance company, provides retail lending and related financial services across India. Founded in 2007 and headquartered in Mumbai, it operates through multiple distribution channels including branch networks, digital platforms, and asset-light partnerships to serve individuals and small businesses.
Main Products and Services: consumer loans (personal loans, home improvement loans, two-wheeler and auto loans), microfinance and small-ticket loans, business loans for SMEs, credit cards and unsecured credit facilities, commercial vehicle and tractor loans, housing finance solutions, loan against property, loan processing and underwriting services, doorstep and digital loan origination, loan recovery and collection services, insurance products offered through partnerships, fintech-enabled lending platforms, and co-branded credit facilities; loan processing and servicing software and technology-enabled credit assessment, risk management, collections analytics; digital onboarding, customer onboarding, KYC services, and omnichannel customer care.
Latest Major Company Changes: enters into strategic partnerships and alliances to expand distribution and fintech integration; pursues funding rounds and strategic investments to scale digital lending capabilities; launches new products such as instant digital credit lines and enhanced SME lending propositions; expands geographic footprint within India through verticals and urban-rural channels; undergoes organizational transformations to strengthen risk management, collections optimization, and technology modernization; continues to enhance its brand and product suite through partnerships with non-banking financial entities and technology providers.
Industry and business segments: consumer finance; microfinance; SME finance; vehicle finance; mortgage-related credit; insurance distribution; credit technology and risk analytics. Target markets: individuals and micro, small and medium enterprises across India, including financially underserved segments seeking accessible credit via digital and branch-based channels. Geographic operations: primarily India with nationwide branch network and digital platforms enabling nationwide reach. Subsidiaries/parent relationships: part of a broader financial services group with affiliated entities across lending and insurtech platforms.