HDB Financial Services Limited Unlisted Shares

Incorporated in 2007, HDB Financial Services Limited is a non-banking financial company that offers products and services such as consumer loans, digital products, auto refinance services, BPO services, life, and general insurance products, loans for new and used commercial vehicles, lending services, collection services and more. The company is a subsidiary company of HDFC Bank, HDFC owns 95.11% of shares in HDB Financial Services. It has 1500 branches spread across 24 states and runs 18 collection call centres with a capacity of approx 5,500 seats. It offers collection services for the retail lending products of HDFC Bank and even offers sales support, back office, operations, and processing support to HDFC Bank. HDB Financial Services Limited is accredited with CARE-AAA & CRISIL-AAA ratings for their long-term debt and bank facilities. They also have an A1+ rating for their short-term debt & commercial papers.