HDFC, BAJAJ FINANCE, LIC & L&T Finance Are The Largest Finance Company In India

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Housing Development Finance Corporation Limited (HDFC)

Housing Development Finance Corporation Limited, popularly known as HDFC is the leading finance company in India, which was incorporated in the year 1977. Financial services provides by HDFC are Housing Loans and Non Housing Loans.

HDFC is a swiftly growing finance company that generated a gross income of more than Rs 27,400 Crore and profit of more thanRs 5,900 Crore, in the financial year 2014-2015.

Housing Development Finance Corporation Ltd., incorporated in the year 1977. Which is a Large Cap company (having a market cap of Rs 223877.73 Cr.) operating in Finance sector.

Housing Development Finance Corporation Ltd. key Products/Revenue Segments include Interest which contributed Rs 27762.02 Cr to Sales Value (89.82% of Total Sales), Income From Sale Of Share & Securities which contributed Rs 1955.68 Cr to Sales Value (6.32% of Total Sales), Dividend which contributed Rs 806.88 Cr to Sales Value (2.61% of Total Sales), Fees & Other Charges which contributed Rs 374.23 Cr to Sales Value (1.21% of Total Sales), Lease Rentals which contributed Rs 6.31 Cr to Sales Value (0.02% of Total Sales), for the year ending 31-Mar-2016.

HDFC, BAJAJ FINANCE, LIC

There are more leading financial companies in the list:

BAJAJ FINANCE LIMITED

LIC HOUSING FINANCE LTD

L&T FINANCE LIMITED

POWER FINANCE CORPORATION LTD. (PFC)

MUTHOOT FINANCE

IDFC

Bajaj Finserv Ltd, the holding company of various financial services business of the Bajaj Group, reported a 14 percent jump in consolidated gross revenues at Rs 22,364 crore for the full year ended March 2016. Against Rs 19,589 crore for the corresponding period, a year earlier.

Consolidated net profit also rose 10 percent to a record Rs 1,863 crore for FY2016 from Rs 1,690 crore in FY2015, a statement to the Bombay Stock Exchange said.

Bajaj Finserv has a 57.28 percent stake in the non-banking finance company (NBFC) Bajaj Finance; it also holds a 74 percent stake each in the two insurance companies, Bajaj Allianz General Insurance (Bagic) and Bajaj Allianz Life Insurance Company (Balic), with Allianz of Germany holding the balance 26 percent each.

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