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To finance the industrial enterprises by way of lending and advancing money with or without security and upon such terms and conditions as the company may think fit and to guarantee or become sureties for the performance of any agreement or contract entered into by any enterprise with any financial institution, banks or other parties for obtaining finance whether for its long term capital, working capital or for any deferred payment finance or for any other purpose.

To carry on the business of any investment company and to buy, underwrite, invest-in, acquire, hold and deal in shares, stocks, debentured, debenture-stock, bonds, notes, obligation and securities issued and guaranteed by any Government, commissioner, public body or Authority whether supreme, municipal, local in any part of the world.

To carry on the business of advisors/consultants on finance and investment, bill discounting and such related matters thereto.

To acquire any such shares, stocks, debentures, debenture-stock, bonds, notes, obligations or securities by original subscription, contract, tender, purchase, exchange, under writing and by participation in syndicates or otherwise and whether or not fully paid and to subscribe for the same, subject to such terms and conditions as may be thought fit and to dispose of the same.

Future Aim and Targets

Future Aim and Targets

For a large and diverse country like India, ensuring financial access to fuel growth and entrepreneurship is a critical priority. Banking penetration continues to be low, and even as the coverage is sought to be aggressively increased through programs like the Pradhan Mantri Jan Dhan Yojana, the quality of coverage and ability to access comprehensive financial services for households as well as small businesses is still far from satisfactory.

In this scenario, the Non-Banking Finance Companies (NBFC) sector has scripted a story that is remarkable. It speaks to the truly diverse and entrepreneurial spirit of India. From large infrastructure financing to small microfinance, the sector has innovated over time and found ways to address the debt requirements of every segment of the economy. To its credit, the industry has also responded positively to regulatory efforts to better understand risks and to address such risks through regulations. Over time, the sector has evolved from being fragmented and informally governed to being well regulated and in many instances, adopted best practices in technology, innovation and risk management as well as governance.

Head office

  • 9H, 9th Floor , 15 Hansalaya Building, Barakhamba Road, New Delhi -1
  • info
  • 011- 41516342


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