Our Company was incorporated as ÂHDB Financial Services Limited under the Companies Act, 1956 pursuant to a certificate of incorporation dated June 4, 2007 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli at Ahmedabad (ÂRoCÂ) and commenced operations pursuant to a certificate for commencement of business dated July 31, 2007 issued by the RoC. The RBI granted a certificate of registration dated December 31, 2007, to our Company to carry on the business of a non-banking financial institution without accepting public deposits.
Major Events and Milestones:
2008
- Our Company opened our first branch in Chennai, Tamil Nadu
2010
- Our Company introduced commercial vehicle loans
- Our Company introduced loans against gold
2011
- Our Company was accredited with CARE AAA credit rating for its non-convertible debentures issue
- Our Company achieved a branch count of 100 across India
- Our Company introduced auto loans
- Our Company introduced commercial equipment loans
2012
- Our Company achieved AUM of ?100,000 million
2015
- Our Company achieved a branch count of 500 across India
2016
- Our Company achieved a branch count of 1,000 across India
2016
- Our Company introduced consumer durables loans in Tamil Nadu
2017
- Our Company introduced tractor finance loans in the states of Punjab, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, Gujarat and Maharashtra
- Our Company introduced digital product loans
2018
- Our Company introduced two wheeler loans
2019
- Our Company achieved AUM of ?500,000 million
2020
- Our Company introduced micro finance loans
- Our Company introduced lifestyle finance loans
2021
- Our Company achieved AUM of ?600,000 million
2023
- Our Company achieved a branch count of 1,500 across India
2024
- Our Company achieved AUM of ?1,000,000 million.