Top Finance Companies in India: The Indian Finance industry has many finance companies which are contributing a lot to the economy of our country. The financial companies involve in financing any consumer or business enterprise by lending money to them against any security.
The Indian Finance companies offers financial assistance to houses and projects related to real estate, power and irrigation. There are many well known finance companies in our country which are giving their assistance to customers.
List of Top Finance Companies in India are Given Below:
1) Housing Development Finance Corporation Limited:
HDFC is started in the year 1977. It is the leading finance company in India. It provides Housing loans and non housing loans. It is having more number of employees and wide network across the globe. It is growing rapidly in the past few years.
2) Power Finance Corporation Limited:
It is started in 1986. It is having its head quarters in New Delhi. It provides financial assistance to the projects which are related to power generation, power distribution. Its clients include State electricity board, Private Power companies.
3) Rural Electrification Corporation Limited:
It is established in 1969. It provides financial assistance to Thermal power project, Hydro power project. Some of its major projects include Santaldih Thermal Power plant, Tehri Hydro electric plant, Utran Thermal power plant.
4) Infrastructure Development Finance Company Limited:
It is founded in the year 1997. Its finance projects are related to Roads, Energy industrial parks, communication. Some of its projects includes Hyderabad Greenfield and LNG Power Plant.
5) Shriram Transport Finance Company:
It came into existence in 1979. It is one of the leading finance companies in India. It is providing finance for trucks, dumper, tractor, mini trucks. This company is having more number of employees and a wide network across the country.
6) LIC Housing Finance Limited:
It is founded in the year 1989. It is providing finance for construction, renovation and repairing of houses and offices. It provides loans to builders and developers. It is the fastest growing finance company in India.
7) L&T Finance Limited:
It is founded in the year 1994. It is having its head quarters in Mumbai. It is one of the top most finance companies in India. This company provides finance to sectors like home loan, business loan, commercial vehicle loan.