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  • 10 Most Promising NBFCs in India - 2023

    Aerial Props of Economy During the economic crisis of 2009, businesses across the world got stuck due to lack of finances. The main reason behind this was that the banks which provided finance to the businesses struggled to keep afloat. Relying only countable number of finance institutes proved to be a big regret for many entities. Thus alternatives are inevitable to transform economy’s savings into capital investment. Especially in countries like India, where there are huge gaps in credit availability, it was important to build more NBCS to help fill these blanks. NBFCs fulfil diverse financial needs of those customers that don’t have access to banks and their services. By offering quicker funds and credit to the Indian trade and commerce industry, these entities...

10 Most Promising NBFCs in India - 2023


Company Logo Company Name Company Management Company Description
Moneymuttath Finance Moneymuttath Finance Varun Raj, Managing Director The company offers high liquidity, fast processing, and secure gold loans, and besides provides a wide range of financial services, including Mortgage loans and Loan against Deposit, Fixed Deposits, Recurring deposits, and Savings Deposit
Company Logo Company Name Company Management Company Description
Aditya Birla Capital Aditya Birla Capital Vishakha Mulye, CEO Catering to client needs such as Term Insurance Plans, Child Insurance Plans, Savings Plans, Retirement & Pension Plans, Critical Illness Insurance Plans
Bajaj Finserv Bajaj Finserv Sanjiv Bajaj, MD & CEO An Indian non-banking financial services company, focused on lending, asset management, wealth management and insurance
Javana Nidhi Javana Nidhi Aruna K B, Director A compant that Caters to the diverse financing A company offering Savings Accounts, Joint Accounts, Loans, Mortgage Loans, and among other value driven services.
LIC Housing Finance LIC Housing Finance Y. Viswanatha Gowd, MD & CEO Provides long term finanace to individuals for purchase, construction and renovation of houses and business needs like purchase or construction of Clinics, Nursing Homes, Diagnostic Centres and Office Space
Manappuram Finance Manappuram Finance V.P. Nandakumar, CEO The company provides the following services like Online goald loan, Business loan, Secured Personal loan, Doorstep Gold loan, Vehicle loan, and Micro Home Finance
MSM Microfinance MSM Microfinance Mohan Kumar Subramanyam, Chairman & Managing Director A microfinance institution in India, which primarily caters to and provides collateral-free loans to low-income earners
Muthoot Finance Muthoot Finance Thomas John Muthoot, Chairman The company financing gold loans and in addition to that offers other forms of loans, insurance and money transfer services, and sells gold coins
Sayyam Investments Sayyam Investments Rishabh Raja, CEO & Director The company offers three different loan product categories including personal loans, flexible consumer loans, and loans for salaried workers
South India Finvest South India Finvest Natarajan R, Chairman & Managing Director A Renowned NBFC allowing its customers to take on reasonable loans in a manner that is consistent with ethical lending practices