HDB Financial Services Limited, a subsidiary of HDFC Bank, operates as a leading non-banking financial company (NBFC) in India, focusing on lending and business process outsourcing. Its offerings span across enterprise, asset, and consumer finance.

A strong market presence with 1,749 branches in 1,157 cities reflects its wide reach. The company's customer base includes 21 million individuals, primarily from underserved and underbanked segments.

Robust financial performance is evidenced by a total gross loan book of ₹1,11,409 crores, a loan growth of 13% YoY, and a return on equity of 12.2%.

Asset quality remains a challenge, with Gross NPAs rising to 2.81% in Q2 FY26, marking an increase from 2.56% in the previous quarter. This is mitigated by a provision coverage ratio of 54.73%.

The company is proactive in sustainability efforts, financing 956 electric vehicles to curb CO2 emissions and achieving IGBC Gold Certification for environmental practices.