Finance companies play a key role in the growth and development of a country like India and there are a number of companies playing a vital role in the Indian investment market. Their services include lending of money to business enterprises as well as consumers for their projects and ventures, all of which help in growth of the economy. For this reason, the role as well as importance of the finance companies cannot be ignored.
Here is a list of top 10 finance companies in India:
10. Birla Global Finance Limited
One of the big names in the Indian financial market is that of Birla Global Finance Limited, which was set up in 1991 and has its head office in Mumbai. The company is operated by the prestigious Aditya Birla Group and has a glorious history of 20 years in this field.
9. DSP Merrill Lynch Limited
Featuring next on the list of top 10 finance companies in India is DSP Merrill Lynch Limited, which dates back to 1914 making it one of the oldest and most reputed names in the industry. The headquarters of this 100 year old company is located in Mumbai.
8. L & T Finance Limited
A subsidiary of the well known company L & T Ltd, the finance company called L & T Finance Limited makes it next on the list. Founded in 1994, has already completed 20 years of excellence and is also based in Mumbai. Home loans, corporate loans, commercial loans, personal loans and construction loans are some of the products offered by L & T Finance Ltd.
7. ICICI Group
Next comes the renowned ICICI Group, a multinational bank, which is also engaged in providing customized financial services to its clients. The company, which is based in Mumbai, was established in 1988.
6. PNB Housing Finance Limited
PNB Housing Finance Limited is a reputed financial company under the renowned nationalized bank called Punjab National Bank. Specializing in home loans, this company came into existence in 2009 and is based in New Delhi.