Aditya Birla Finance Limited (“ABFL”) is among the leading well-diversified financial services company in India offering end-to-end lending, financing and wealth management solutions to a diversified range of customers across the country. ABFL is registered with RBI as a systemically important non-deposit accepting non-banking finance company (“NBFC”) and ranks among the top five largest private diversified NBFCs in India based on AUM as of 31 March 2017 (source: CRISIL).
For the quarter ended 30 September 2017, the loan book was at Rs.389 billion. Along with its growth, ABFL has maintained healthy asset quality with GNPA at 0.53 per cent on 90 DPD as of 30 September 2017. This is reflected in its short-term credit rating of A1+ by India Ratings and ICRA, long term credit rating of AAA (with stable outlook) by India Ratings and AA+ by ICRA and Perpetual debt credit rating of AA+ (with stable outlook) by India Ratings and AA by ICRA.
ABFL caters to the varied needs of diverse set of customers ranging across retail, HNI, ultra HNI, micro enterprises, SME, mid and large corporates. ABFL offers customised solutions in areas of personal and business loans, corporate finance, mortgages, capital market-based lending, project loans, structured finance, wealth management and digital lending, debt capital markets and syndication.
Aditya Birla Capital Limited (‘’ABCL’’), the holding company, is a Universal Financial Solutions provider and one of the largest financial services players in India. It is committed to serving the end-to-end financial needs of its retail and corporate customers under a unified brand — Aditya Birla Capital. Delivering a wide range of money solutions for protecting, investing, financing and advising, Aditya Birla Capital serves millions of customers across the country.
Apart from NBFC, ABCL has a significant presence across several business sectors including life insurance, asset management, health insurance, housing finance, private equity, general insurance broking, wealth management, broking, online personal finance management and pension fund management.
Aditya Birla Capital, through its subsidiaries and joint ventures, manages aggregate assets worth Rs. 2,813 billion and has a lending book of Rs. 447 billion as of 30 September 2017.