Finance is one of the growing sectors. Finance companies are a specialized financial organization that offers loans to consumers or buys merchants’ time-sales contracts to provide credit for the purchase of consumer goods and services. Here we take to explore the top 20:-
1. HDFC Bank
HDFC Bank is a leading private sector bank in India, with headquarters in Mumbai, Maharashtra.
It was established in 1994 and has since been the largest bank in the country. HDFC Bank offers a wide range of financial products and services, including personal banking, commercial banking, and treasury services.
Some of the popular products and services offered by HDFC Bank include savings accounts, current accounts, fixed deposits, home loans, personal loans, credit cards, debit cards, and insurance products.
The bank has a widespread branch and ATMs.
HDFC Bank has won numerous awards and recognition for its excellent customer service, innovative products, and strong financial performance.
It is known for its advanced technology and digital banking services, making it one of the most popular banks among tech-savvy customers in India.
Overall, HDFC Bank is a reputable and reliable institution of finance offering a series of products and services to meet the needs of various customer segments.
2. ICICI Bank
It is a leading private sector bank in India, with its headquarters in Mumbai, Maharashtra.
The bank was founded in 1994 and has grown to be the largest bank in India. It offers a series of financial products and services, including personal banking, commercial banking, and investment banking.
It provides various financial products and services, including savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, and insurance products.
ICICI Bank also offers a range of investment and wealth management services, such as mutual funds, portfolio management, and equity investments.
ICICI Bank is known for its innovative products and services, such as its mobile banking app, which enables customers to access a range of banking services from their smartphones.
The bank has also won numerous awards and recognition for its customer service, innovative products, and financial performance.
It has a widespread network of branches and ATMs across India, making it easily accessible to customers.
The bank has also expanded its operations globally and is present in several countries around the world.
Overall, ICICI Bank is a trusted and reliable financial institution offering a series of products and services.
3. State Bank of India
It is the largest public sector bank headquartered in Mumbai, Maharashtra.
It was founded in 1955.
SBI offers a series of financial products and services, including personal banking, commercial banking, and international banking. The bank provides a range of financial products, such as savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, and insurance products.
SBI also offers a range of investment and wealth management services, such as mutual funds, portfolio management, and equity investments.
SBI has a large network of branches and ATMs across India, making it easily accessible for customers. The bank has also expanded its operations globally and is present worldwide.
SBI is known for its excellent customer service, innovative products, and strong financial performance. The bank has won numerous awards and recognition for its efforts in these areas.
Additionally, SBI is also involved in various social and community initiatives, such as education, health, and environmental protection.
Overall, SBI is a trusted and reliable institution offering a range of products and services to meet the diverse needs of its customers.
It is considered the backbone of the Indian banking system and has played a crucial role in the development of the country’s economy.
4. Bajaj Finserv
Bajaj Finserv is a leading financial services company in India, with its headquarters in Pune, Maharashtra.
Bajaj Finserv offers a wide range of financial products and services. The company is also involved in asset management, wealth management, and lending to small and medium-sized enterprises (SMEs).
One of the unique features of Bajaj Finserv is that it offers a range of “EMI cards,” which can be used by customers to purchase a wide range of products on credit.
Bajaj Finserv has also launched several mobile apps, which allow customers to access a range of financial products and services from their smartphones.
Bajaj Finserv has won several awards and recognition for its customer service, innovative products, and strong financial performance. It is known for its focus on technology and providing better services to its customers.
Overall, Bajaj Finserv is a trusted and reliable financial institution.
5. Kotak Mahindra Bank
Kotak Mahindra Bank is a leading private-sector bank in India. It is headquartered in Mumbai, Maharashtra.
The bank was founded in 1985 as a non-banking financial company and received a banking license in 2003.
Kotak Mahindra Bank also offers a range of investment and wealth management services, such as mutual funds, portfolio management, and equity investments.
Kotak Mahindra Bank is known for its innovative products and services, such as its mobile banking app, which enables customers to access a range of banking services from their smartphones.
The bank has also won numerous awards and recognition for its customer service, innovative products, and financial performance.
Kotak Mahindra Bank has a large network of branches and ATMs across India, making it easily accessible for customers. The bank has also expanded its operations globally.
Overall, Kotak Mahindra Bank is a trusted and reliable financial institution.
6. Axis Bank
Axis Bank is one of the leading private sector banks in India, with its headquarters in Mumbai, Maharashtra. The bank was founded in 1993 as UTI Bank and later rebranded as Axis Bank in 2007.
Axis Bank offers a wide range of financial products and services, including personal banking, commercial banking, and investment banking. The bank provides a range of financial products, such as savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, and insurance products.
Axis Bank also offers a range of investment and wealth management services, such as mutual funds, portfolio management, and equity investments.
Axis Bank is known for its innovative products and services, such as its mobile banking app, which enables customers to access a range of banking services from their smartphones.
The bank has also won numerous awards and recognition for its customer service, innovative products, and financial performance.
Axis Bank has a large network of branches and ATMs across India, making it easily accessible for customers. The bank has also expanded its operations globally.
Overall, Axis Bank is trusted and reliable. It is considered one of the most innovative banks in India and is well-regarded by both customers and industry experts.
7. IndusInd Bank
IndusInd Bank is a leading private sector bank in India. The bank was founded in 1994.
IndusInd Bank offers a wide range of financial products and services, including personal banking, commercial banking, and investment banking.
The bank provides a range of financial products, such as savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, and insurance products.
IndusInd Bank also offers a range of investment and wealth management services, such as mutual funds, portfolio management, and equity investments.
IndusInd Bank is known for its innovative products and services, such as its mobile banking app, which enables customers to access a range of banking services from their smartphones.
The bank has also won numerous awards and recognition for its customer service, innovative products, and financial performance.
IndusInd Bank has a large network of branches and ATMs across India, making it easily accessible for customers. The bank has also expanded its operations globally.
Overall, IndusInd Bank is trusted and reliable.
It is considered one of the most customer-friendly banks in India and is well-regarded by both customers and industry experts.
8. Aditya Birla Capital
Aditya Birla Capital Limited (ABCL) is a leading financial services company in India, with its headquarters in Mumbai, Maharashtra.
ABCL offers a wide range of financial products and services, including life insurance, health insurance, mutual funds, securities, and other investment products.
ABCL operates through its subsidiaries, which include Aditya Birla Sun Life Insurance, Aditya Birla Health Insurance, Aditya Birla Finance, Aditya Birla Capital Advisors, and Aditya Birla Money.
The company’s focus is on providing a comprehensive suite of financial solutions to its customers, from protection and savings products to wealth creation and management solutions.
ABCL is known for its customer-centric approach and innovative products and services.
The company’s digital platforms, such as the Aditya Birla Money app and the Aditya Birla Capital website, enable customers to access a range of financial products and services from their smartphones and other devices.
ABCL has also won numerous awards and recognition for its customer service, innovative products, and financial performance.
Overall, Aditya Birla Capital is a trusted and reliable financial institution.
It is considered one of the most innovative and customer-friendly financial services companies in India and is well-regarded by both customers and industry experts.
9. LIC Housing Finance
It is the Life Insurance Corporation of India (LIC) and is one of the leading housing finance companies in India. The company provides housing loans to individuals for the purchase, construction, repair, and renovation of residential properties.
LIC Housing Finance also provides loans for commercial properties and offers various other loan products such as personal loans, loans against property, and home improvement loans.
LIC Housing Finance has a strong presence across India, with a network of more than 300 offices and 11 regional offices.
The company is known for its efficient loan processing, quick turnaround time, and customer-centric approach. LIC Housing Finance has also won several awards for its excellence in customer service and financial performance.
LIC Housing Finance offers a range of home loan products to cater to the diverse needs of its customers, such as home purchase loans, home construction loans, home renovation loans, and balance transfer loans.
The company also provides customized loan options for salaried and self-employed individuals, with attractive interest rates and flexible repayment options.
Overall, LIC Housing Finance is a trusted and reliable housing finance company that offers a wide range of home loan products to its customers.
It is considered one of the most customer-friendly and efficient housing finance companies in India and is well-regarded by both customers and industry experts.
10. Mahindra & Mahindra Financial Services
Mahindra & Mahindra Financial Services Limited (MMFSL) is a leading non-banking financial company (NBFC) in India, with its headquarters in Mumbai, Maharashtra.
MMFSL provides a range of financial products and services, including vehicle financing, personal loans, housing loans, insurance, and mutual funds.
The company specializes in providing vehicle financing for both new and used vehicles, including cars, tractors, and commercial vehicles.
MMFSL has a wide network of branches and customer touchpoints across India, making it easily accessible for customers.
The company has won several awards and recognition for its financial performance, customer service, and digital innovation.
It is considered one of the most customer-friendly and innovative NBFCs in India and is well-regarded by both customers and industry experts.
11. IDFC First Bank
IDFC First Bank is a leading private sector bank in India, headquartered in Mumbai, Maharashtra. The bank was formed in 2018 after the merger of IDFC Bank and Capital First, a leading non-banking financial company (NBFC).
IDFC First Bank offers a range of banking and financial products and services to its customers, including savings and
current accounts, fixed deposits, home loans, personal loans, credit cards, and insurance. The bank is known for its customer-centric approach, efficient banking services, and innovative product offerings.
IDFC First Bank has a strong digital presence, with its mobile banking app and internet banking platform providing customers with easy access to a range of banking services.
The bank also has a strong network of branches and ATMs across India, making it easily accessible to customers.
IDFC First Bank is also known for its strong focus on social responsibility and sustainability. The bank has implemented several initiatives to support education, health, and livelihoods, and has committed to sustainable banking practices.
Overall, IDFC First Bank is a trusted and reliable private sector bank that offers a series of banking and financial products and services to its customers.
It is considered one of the most customer-friendly and innovative banks in India and is well-regarded by both customers and industry experts.
12. PNB Housing Finance
PNB Housing Finance Limited (PNBHFL) is a leading housing finance company in India, with its headquarters in New Delhi. The company is a subsidiary of Punjab National Bank, one of the largest public sector banks in India.
PNBHFL provides a range of home loan products to its customers, including home purchase loans, home construction loans, home renovation loans, and balance transfer loans.
The company also provides customized loan options for salaried and self-employed individuals, with attractive interest rates and flexible repayment options.
PNBHFL has a wide network of branches and customer touchpoints across India, making it easily accessible for customers.
PNBHFL has a strong digital presence, with its mobile app and website offering customers easy access to a range of home loan products and services.
The company has won several awards and recognition for its financial performance, customer service, and digital innovation.
Overall, PNB Housing Finance is a trusted and reliable housing finance company that offers a wide range of home loan products to its customers.
It is considered one of the most customer-friendly and efficient housing finance companies in India and is well-regarded by both customers and industry experts.
13. Shriram City Union Finance
Shriram City Union Finance Limited (SCUF) is a leading non-banking financial company (NBFC) in India, with its headquarters in Chennai, Tamil Nadu. The firm is Shriram Group part, a leading conglomerate in India.
SCUF provides a range of financial products and services to its customers, including retail loans, small business loans, personal loans, and fixed deposits.
The company specializes in providing loans to customers who are underbanked or not served by traditional financial institutions.
SCUF has a strong presence in southern India, with a wide network of branches and customer touchpoints. The firm is widely known for its customer approach, innovative product offerings, and efficient loan processing.
SCUF has a strong digital presence, with its mobile app and website offering customers a series of financial products and services.
The company has won several awards and recognition for its financial performance, customer service, and digital innovation.
Overall, Shriram City Union Finance is a trusted and reliable NBFC that offers a series of financial products and services to its customers.
It is considered one of the most customer-friendly and innovative NBFCs in India and is well-regarded by both customers and industry experts.
14. Tata Capital
Tata Capital Limited is a leading non-banking financial company (NBFC) in India, with its headquarters in Mumbai, Maharashtra.
Tata Capital provides a wide range of financial products and services to its customers, including consumer loans, business loans, commercial finance, wealth management, and insurance.
The company is known for its customer-centric approach, innovative product offerings, and efficient loan processing.
Tata Capital has a strong presence across India, with a wide network of branches and customer touchpoints. The company has a strong digital presence, with its mobile app and website offering customers easy access to a range of financial products and services.
Tata Capital is committed to sustainability and social responsibility and has implemented several initiatives to support education, health, and the environment.
The company has won several awards and recognition for its financial performance, customer service, and sustainability practices.
Overall, Tata Capital is a trusted and reliable NBFC that offers a wide range of financial products and services to its customers. It is considered one of the most customer-friendly and innovative NBFCs in India and is well-regarded by both customers and industry experts.
15. Muthoot Finance
Muthoot Finance Limited is a leading non-banking financial company (NBFC) in India, with its headquarters in Kochi, Kerala. The company is primarily engaged in providing gold loans to individuals and businesses.
Muthoot Finance has a strong presence across India, with a wide network of branches and customer touchpoints. The company is known for its customer-centric approach, efficient loan processing, and innovative product offerings.
Apart from gold loans, Muthoot Finance also offers other financial products and services, such as housing loans, personal loans, business loans, and foreign exchange services.
The company has a strong digital presence, with its mobile app and website offering customers easy access to a range of financial products and services.
Muthoot Finance has won several awards and recognition for its financial performance, customer service, and innovation.
The company is known for its strong corporate governance practices and commitment to social responsibility.
Overall, Muthoot Finance is a trusted and reliable NBFC that specializes in providing gold loans to its customers.
It is considered one of the most customer-friendly and efficient NBFCs in India and is well-regarded by both customers and industry experts.
16. L&T Finance Holdings
L&T Finance Holdings Limited is a leading non-banking financial company (NBFC) in India, with its headquarters in Mumbai, Maharashtra. The company is a subsidiary of Larsen & Toubro Limited, one of the largest conglomerates in India.
L&T Finance Holdings offers widespread, including rural finance, housing finance, infrastructure finance, and wealth management. It focuses on the customers, innovative product offerings, and efficient loan processing.
L&T Finance Holdings has a strong presence across India, with a wide network of branches and customer touchpoints. The company has a strong digital presence, with its mobile app and website offering customers easy access to a series of financial products and services.
L&T Finance Holdings is committed to sustainability and social responsibility and has implemented several initiatives to support education, health, and the environment.
The company has won several awards and recognition for its financial performance, customer service, and sustainability practices.
Overall, L&T Finance Holdings is a trusted and reliable NBFC offering a series of financial products and services to its customers.
It is considered one of the most customer-friendly and innovative NBFCs in India and is well-regarded by both customers and industry experts.
17. Cholamandalam Investment and Finance Company
It is a leading non-banking financial company (NBFC) in India, with its headquarters in Chennai, Tamil Nadu. The company is a part of the Murugappa Group.
CIFCL provides a wide range of financial products and services to its customers, including vehicle finance, home loans, small business loans, and rural and agricultural finance.
The company focuses on its customers, efficient loan processing, and innovative product offerings.
CIFCL has a strong presence across India, with a wide network of branches and customer touchpoints.
The company has a strong digital presence, with its mobile app and website offering customers easy series of financial products and services.
CIFCL is committed to sustainability and social responsibility and has implemented several initiatives to support education, health, and the environment.
The company has won several awards and recognition for its financial performance, customer service, and sustainability practices.
Overall, CIFCL is a trusted and reliable NBFC offering a series of financial products and services to its customers.
It is considered one of the most customer-friendly and innovative NBFCs in India and is well-regarded by both customers and industry experts.
18. Sundaram Finance
Sundaram Finance Limited is a leading non-banking financial company (NBFC) in India, with its headquarters in Chennai, Tamil Nadu. The company is a part of the Sundaram group, which has interests in several other sectors including automobiles, home appliances, and retail.
Sundaram Finance provides a wide range of financial products and services to its customers, including commercial vehicle financing, car financing, construction equipment financing, and working capital loans.
The company is known for its customer-centric approach, efficient loan processing, and innovative product offerings.
Sundaram Finance has a strong presence across India, with a wide network of branches and customer touchpoints. The company has a strong digital presence, with its mobile app and website offering customers easy access to a range of financial products and services.
Sundaram Finance is committed to sustainability and social responsibility and has implemented several initiatives to support education, health, and the environment. The company has won several awards and recognition for its financial performance, customer service, and sustainability practices.
Overall, Sundaram Finance is a trusted and reliable NBFC that offers a wide range of financial products and services to its customers.
It is considered one of the most customer-friendly and innovative NBFCs in India and is well-regarded by both customers and industry experts.
19. Reliance Capital
Reliance Capital Limited is a diversified financial services company in India, with its headquarters in Mumbai, Maharashtra. The company is a part of the Reliance Group, which has interests in several sectors including energy, petrochemicals, and telecommunications.
Reliance Capital provides a wide range of financial products and services to its customers, including asset management, mutual funds, insurance, and stock broking. The company is known for its innovative product offerings, customer-centric approach, and efficient service delivery.
Reliance Capital has a strong presence across India, with a wide network of branches and customer touchpoints. The company has a strong digital presence, with its mobile app and website offering customers easy access to a range of financial products and services.
Reliance Capital is committed to sustainability and social responsibility and has implemented several initiatives to support education, health, and the environment.
The company has won several awards and recognition for its financial performance, customer service, and sustainability practices.
However, in recent years, Reliance Capital has faced financial difficulties and regulatory challenges, which have affected its financial performance and reputation.
In 2020, the company sold its entire stake in its asset management arm, Reliance Nippon Life Asset Management Limited, to Nippon Life Insurance Company, as a part of its efforts to raise capital and reduce debt.
Overall, Reliance Capital remains a significant player in the Indian financial services industry, with a strong presence and innovative product offerings. However, it has faced challenges in recent years, which have impacted its financial performance and reputation.
20. Canara Bank
Canara Bank is one of the leading public sector banks in India, with its headquarters in Bengaluru, Karnataka. The bank was founded in 1906 and is one of the oldest public sector banks in India.
Canara Bank provides a wide range of financial products and services to its customers, including retail banking, corporate banking, and investment banking. The bank has a strong presence across India, with a wide network of branches and customer touchpoints.
Canara Bank also has a strong digital presence, with its mobile app and website offering customers easy access to a range of financial products and services.
The bank is known for its customer-centric approach, efficient service delivery, and innovative product offerings. Canara Bank has won several awards and recognition for its financial performance, customer service, and digital initiatives.
Canara Bank is committed to sustainability and social responsibility and has implemented several initiatives to support education, health, and the environment.
The bank has also launched several initiatives to support financial inclusion, such as providing banking services to the unbanked population and promoting financial literacy.
Overall, Canara Bank is a trusted and reliable public sector bank. It is considered one of the most customer-friendly and innovative banks in India and is well-regarded by both customers and industry experts.
These companies have maintained a high reputation and that’s what have to lead to a high ranking.
