Top listed NBFC companies in India: In one of our previous post, we have explicitly focused on housing finance industry outlook. Here the idea is to focus on entire NBFC sector altogether. We will put different types of NBFC companies and you will come to know the giants of the industry in different categories.
Let’s understand bit about NBFC or non banking financial company before we move to top listed NBFC companies in India.
Check out Indian Banking sector analysis 2018 here.
Why do we have NBFC?
Usually banking sectors caters to the need up upper segment of people mostly in urban areas. So there is a huge untapped segment left out. NBFCs caters to the credit needs of under-served areas and unbanked customers.
NBFCs have huge rural customer bases and have strong networks of branches in rural and semi-urban areas.
So you can safely assume they are the specialist players to fulfill the credit needs of unbanked segment of society.
Top listed NBFC companies in India
Here you go for the top listed NBFC companies in India under different categories. Ref : CRISIL
Power Finance Corporation Ltd
Rural Electrification Corporation Ltd
SREI Infrastructure Finance Ltd
L&T Infrastructure Finance Ltd
PTC India Financial Services Limited
Can Fin Homes Ltd
LIC Housing Finance Limited
Dewan Housing Finance Corporation Limited
Magma Housing Finance
Edelweiss Housing Finance Limited
PNB Housing Finance Limited
GIC Housing Finance Limited
Reliance Home Finance
Housing Development Finance Corporation Ltd
Repco Home Finance Ltd
Indiabulls Housing Finance Ltd
Arman Financial Services Limited
Sakthi Finance Limited
Shriram Transport Finance Co Ltd
Sundaram Finance Ltd
Ceejay Finance Limited
Cholamandalam Investment & Finance Co Ltd
Kamal Auto Finance Ltd.
Magma Fincorp Ltd
Mahindra & Mahindra Financial Services Ltd
Muthoot Capital Services Ltd
IKF Finance Limited
Manappuram Finance Ltd
Muthoot Finance Ltd
Ujjivan Financial Services Ltd
Bharat Financial Inclusion Limited
Low Cost Housing
Akme Star Housing Finance Limited
SRG Housing Finance Ltd
Housing Finance Corpn. Ltd.
JM Financial Home Loans Limited
Gruh Finance Ltd
India Home Loans Limited
Sahara Housingfina Corpn Ltd
L&T Finance (Holdings)
Bajaj Finance Ltd
Baid Leasing and Finance Co. Limited
Capital First Ltd
Capital Trust Limited
Capri Global Capital Ltd
Edelweiss Financial Services Ltd
JM Financial Limited
Frontier Capital Limited
Galada Finance Limited
Viji Finance Limited
IFMR Capital Finance Private Limited
IIFL Holdings Limited
Intec Capital Limited
MAS Financial Services Ltd
Shriram City Union Finance Ltd
SRS Finance Limited
Our Stock Picks from top listed NBFC companies in India
NBFCs in India has around 13% of GDP penetration as reported by Boston Consulting Group. This penetration is still low compared to other emerging economies. With growing economy NBFC presents huge opportunity to grow in India.
We have carefully studied entire lot of NBFC industry and selected our best stocks from different sectors. NBFC industry is one of the key wealth creation industry for next 3 to 5 years.
Hope you find top listed NBFC companies in India useful. Have any queries? You can contact us. Have any thoughts? Add a comment below to let us know what is your best bet in NBFC. And don’t forget to share with others.