Aditya Birla Finance Limited (ABFL)
Aditya Birla Finance Limited (ABFL), a subsidiary of Aditya Birla Capital Limited (ABCL), is among the leading well-diversified non-banking financial services company in India. ABFL offers end-to-end lending, financing, and wealth management solutions to a diversified range of customers across the country. ABFL is registered with the RBI as a systemically important non-deposit accepting non-banking finance company (NBFC) and is amongst the top five largest private diversified NBFCs in India based on AUM.
For the quarter ended 30th June 2022, ABFL has a lending book of Rs.578.39 billion and a net worth of Rs.102.01 billion. ABFL’s long-term credit rating of AAA (stable) has been reaffirmed by ICRA in February 2022. ABFL also has long-term credit rating of AAA (stable) by India Ratings, Perpetual debt credit rating of AA+ (stable) by ICRA and AA+ (stable) by India Ratings (stable) and short-term credit rating of A1+ by ICRA & India Ratings.
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 finance, mortgage finance, SME finance, corporate finance, wealth management, debt capital markets, and loan syndication. The company has also created a unique online financing platform, ABFLDirect.com that provides quick, convenient, and hassle-free services to retail and MSME customers.
ABCL is the holding company for the financial services businesses of Aditya Birla Group. ABCL’s subsidiaries have a strong presence across Protecting, Investing and Financing solutions. ABCL is a universal financial solutions group catering to diverse needs of its customers across their life stages. Powered by more than 33,500 employees, the subsidiaries of ABCL have a nationwide reach with 1,094 branches and more than 2,00,000 agents, channel partners and several bank partners.
As of June 30th, 2022, ABCL manages aggregate assets under management over Rs.3,550 billion, has a consolidated lending book of approx. Rs.699 billion, and an active customer base of over 39 million, through its subsidiaries and joint ventures.
