As the global economy reverses in the post-COVID-19 landscape, finance companies could become the go-to resource for those who are in dire need of help or who need to get back on track quickly.From start-ups to SMEs, many will want to help.
you might be interested
- Richest People in India - Top 10 Richest People in India (2023)
- Visualizing Data with Tableau in Business Analytics
- Top 10 Tile Companies (Tile Brands) in India 2023
- Top 10 painting companies in India 2023
Finance companies can be bank or non-bank financial companies (NBFCs) that provide services such as mortgage finance, mutual funds, insurance, credit reporting, collections, portfolio management, stock brokerage, investment advice, personal or mortgage loans, transactions credit, etc. .
Unlike bank finance companies, NBFC Non-Bank Finance Companies are companies that provide bank-like financial services but are not licensed to operate as banks and are not subject to banking regulations.
In India, NBFC focuses on businesses related to credit and advance, leasing, purchase-for-hire, insurance business, chit business, acquisition of shares, securities, bonds, debentures, government issued securities or securities similar in nature. negotiable.
Top ten financial companies in India:
A suitable top finance company can be selected based on many criteria of your finance needs. The ability to choose between a bank and a non-bank finance company also depends on regulatory compliance or due diligence as per your organization's needs.
Whether you are looking for the leading NBFC in India or the list of India's top non-bank financial companies, India's top ten financial companies are favorites of many well-known in the rankings of the world's top financial companies.
Here is the list of top 10 financial companies in India:
Bajaj Finance Limited
Bajaj Finance Limited (BFL), also known as Bajaj Finance, is India's most diversified and profitable non-bank finance company, offering a broad portfolio of products spanning consumer, wealth management, SME and commercial lending. It is one of the biggest players in the fast-growing consumer finance space.
Bajaj Finance is one of India's top ten finance companies and has pioneered the introduction of interest-free Easy Monthly Installment (EMI) options across more than fifty categories of durable goods, groceries, housewares, living products and more.
The BFL is headquartered in Pune, Maharashtra. BFL is also a registered corporate agent for third party insurance products of Bajaj Allianz Life Insurance Company Limited, Future Generali Life Insurance Company Limited and HDFC Life Insurance Company Limited.
Subsidiaries of Bajaj Finance include Bajaj Allianz General Insurance Company Ltd., Bajaj Allianz Life Insurance and Bajaj Finance Ltd.
Within wealth management, BFL provides robust and effective long-term financial planning, equipping and supporting clients with strategies and tools to make informed decisions about their investments and savings.
The BFL product portfolio includes:
- consumer finance
- SME Financing
- business credit
- investments
GIC Housing Limited Financiamento
Incorporated as “GIC Grih Vitta Limited” and now known as GIC Housing Finance Limited (GICHFL), it is also ranked among the top ten financial companies in India. They mainly deal with home loan origination.
Based in Mumbai, Maharashtra, GIC Housing Finance Ltd is a subsidiary of the General Insurance Corporation of India, operating in the retail lending segment.
GICHFL strongly believes that its success and growth is a positive contribution to a fair and ethical, yet customer-friendly lending policy that creates wealth for its shareholders.
This NBFC is offered by the General Insurance Corporation of India and the following Antigua affiliates: National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and United India Insurance Company Limited.
Spread across 75 offices across the country, GICHFL is supported by a strong marketing team and provides financing to individual borrowers through trusted builder connections.
GIC Housing Finance Ltd. has partnered with Kotak Mahindra Old Mutual Life Insurance Ltd to provide consumer life insurance coverage and has become known as one of the "outstanding mortgage loans" on offer.
The Company sold its investments to LIC Mutual Fund Asset Management Company Ltd and to LIC Mutual Fund Trustee Company Pvt Ltd at the end of 2010.
The GICHFL product portfolio includes:
- affordable home loans
- Vivienda Pradhan Mantri Awas Yojana (PMAY)
- Non-housing loans (against home ownership or business loans)
IDFC First Bank Ltd
Integrity, transparency and trust characterize IDFC First Bank Ltd, one of India's top ten leading finance companies. This company is a merger of IDFC Bank, a debt and equity franchise bank that initially was the strong asset retail franchise in niche segments.
IDFC First Bank offers diversified wealth profiles and has a sizable retail customer base of 1 crore including real and rural customers.It is also a leading partner in government-initiated road transport (FASTag) projects.
IDFC First Bank has a strong vision to create the best bank in the world here in India for consumers and emerging entrepreneurs.
The merger of IDFC Bank and Capital First created an entirely new bank with more positive core values, leveraging the institutions' strengths and positions for continued top-notch growth well into the future. IDFC First Bank Ltd. is headquartered in Mumbai, Maharashtra.
The IDFCFB product portfolio includes:
- Personal banking services such as savings, deposits, loans, investments, insurance, payments, cards and currencies
- Commercial banking services such as accounts and deposits, cash management services, credit, commercial investment solutions, cards and forex trading services
- Wholesale banking services for corporations, multinationals, governments and financial institutions
- Wealth management services such as investment solutions, personal insurance solutions and business insurance solutions
Housing Development Finance Corporation Ltd (HDFC)
Associated with the Indian real estate industry for four decades, Housing Development Finance Corporation (HDFC) Limited is a brand of trust and strength and a pioneer in residential mortgages.
With the objective of "increasing the flow of resources to the real estate sector through the integration of the housing finance sector with the broader domestic financial markets", it has so far financed 7 million housing units, disbursed 4.6 trillion in loans and facilitated 1 .9 trillion in deposits Million . accounts
Outside India, the company is present in Asia, Africa and Eastern Europe, advising on real estate financing. HDFC has received AAA ratings for its deposit program from two major rating agencies (CRISIL and ICRA) for 25 consecutive years.
As one of many top financial companies inIndia is pleased to offer impeccable service with immediate support through a network of over 420 offices across the country.
It offers diverse services in banking, life and general insurance, wealth management, educational loans and real estate venture capital, and much more. HDFC is headquartered in Mumbai, Maharashtra.
HDFC's product portfolio includes:
- Real estate loans, non-residential loans, NRI/PIO loans
- Affordable housing through HDFC-Reach loans
- Affordable Housing by Pradhan Mantri Awas Yojana
- Refinance
- insoles
Indiabulls Housing Finance Ltd
Indiabulls Housing Finance Ltd (IHFL) is known as one of the top ten finance companies and the second largest in India in its league. Based in New Delhi, it is popular to come up with customized home loan solutions to its clients.
Over the years, it has built win-win relationships with over 1 million clients who have disbursed cumulative amounts of INR 1.97 trillion in property loans.IHFL has the highest AAA long-term credit rating among the four major rating agencies.
Indiabulls eHome Loans are India's first fully online home loans. IHFL places a significant focus on the affordable housing segment. According to Forbes Global 2000, it is the 13th largest consumer finance company in the world. The National Housing Bank regulates the IHFL.
Subsidiaries include Indiabulls Commercial Credit Limited, Indiabulls Advisory Services, Indiabulls Financial Services Ltd. and others through which the Company offers real estate financing, consumer financing and wealth management services.
IHFL was named Best Home Finance Company of the Year in the 2013 ASSOCHAM Awards for Excellence in Real Estate.
The IHFL product portfolio includes:
- home loan
- Loans for MSMEs
- Real Estate Loan (LAP)
L&T Finance Holdings Ltda.
L&T Financial Services (LTFS), one of India's leading non-bank finance corporate brands, offers a wide range of financial products and services in the areas of rural finance, housing construction and infrastructure finance.
It is operated by Larsen and Toubro (L&T), one of India's leading companies with a presence in electrical and electronics engineering, construction, manufacturing and services, IT and financial services.
Headquartered in Mumbai, LTFS serves the business needs of its growing customer base through a nationwide network of offices and convention centers, a product portfolio that spans five distinct lines of business.
Headquartered in Kolkata, West Bengal, LTFS offers mutual fund products along with investment management services.L&T Finance Holdings Ltd. is an NSE and BSE listed company and registered with the Reserve Bank of India (RBI) as a prime investment company accepting non-systemically important deposits (NBFC-CIC).
It operates through its wholly owned subsidiaries, namely L&T Finance Ltd., L&T Housing Finance Ltd., L&T Infrastructure Finance Company Ltd., L&T Investment Management Ltd., L&T Capital Markets Ltd. and L&T Infra Debt Fund Ltd.
The LTFS product portfolio includes:
- Financing on two wheels
- housing finance
- investment funds
- Financing of agricultural machinery
- wealth management
- microcredit
- real estate financing
- underfinance
LIC Housing Financing GmbH
Established in 1989, LIC Housing Finance Ltd (LIC HFL) is one of India's largest residential finance companies. Its main objective is long-term financing for consumers who want to buy or build a house for residential use.
LIC HFL went public in 1994 and its shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange Limited (BSE).As one of the pioneers in India, it also provides financing for existing properties for business/personal needs.
It provides loans to individuals to purchase/build clinics/retiring homes/diagnostic centers/offices and related equipment. The company also offers and supports builders who build similar buildings.
LIC HFL is a respected and trusted financial services company and has helped over 25,000 families. Its infrastructure is made up of 284 marketing offices, two of which are abroad, supported by more than 12,000 marketing intermediaries who are immediately available to guide you through the credit process.
Since its inception, it has issued more than Rs in total. 3.35 lakh crore through offline and online home loan approvals. It is headquartered in Mumbai, Maharashtra.
The LIC HFL product portfolio includes:
- home loan
- Corporate/Project Loans
- Special loan (against property, surety, for merchants, for company property, rent securitization)
- insoles
Mahindra & Mahindra Financial Services Ltd.
From commercial vehicles and tractors to non-Mahindra products, Mahindra Finance has branched out to offer a sophisticated range of financial solutions, especially for those underserved in rural markets.
Since its inception, its focus has been on meeting the needs of people in rural and semi-urban areas and thereby strengthening the agriculture and livestock sector in India.
With 33,000 employees representing Mahindra Finance across all states of India, it has a strong network of over 1,300 offices serving customers from over 370,000 villages with assets under management in excess of INR 67,000 crores.
Mahindra Finance creates innovative solutions for the Earn & Pay segment it serves. It is the only non-bank financial company in India listed in the Emerging Markets category of the Dow Jones Sustainability Index.
Mahindra Insurance Brokers Limited (MIBL), a subsidiary of Mahindra Finance, offers life and non-life insurance products through a number of leading insurers.
Another subsidiary, Mahindra Rural Housing Finance, provides home construction, expansion, purchase and renovation loans to clients in rural and semi-urban areas of India.Mahindra Asset Management Company deals with mutual fund categories launched under Hindi names especially for investors in rural areas. It is headquartered in Mumbai, Maharashtra.
Mahindra Finance's product portfolio includes:
- vehicle financing
- SME Financing
- personal loans
- insurance broker
- housing finance
- mutual fund plans
- investments
Muthoot Finance Ltd
Muhoot Finance Ltd. is known to be one of the largest financial institutions in the country, founded in 1887. Its business is widely distributed in 20 different areas, with 4,500 branches in India.
With over 2,000 customers, it has been consecutively ranked as India's most trusted financial services brand by Brand Trust Report 2019, 2018, 2017 and 2016.
EUMac's Industry Report (2015 Update) also ranked it as India's largest gold finance company. Muthoot Group is known for its premier offering of personal or business loans secured by gold jewelry.
In addition to funding gold transactions, the company also offers foreign exchange transactions, money transfers, wealth management services, and travel and tourism services.He also sells gold coins at Muhoot's consumer finance agencies.
The 2014 Brand Trust Report ranked this list as the top ten financial companies Seas the most trusted financial brand in India. Muhoot Finance Ltd. is headquartered in Kochi, Kerala.
Muthoot Finance's product portfolio includes:
- Golddarlehen
- Money transfer
- exchange services
- All types of insurance
- PAN CARD and its updates
- investment funds
- housing finance
- private loan
- Loans against collateral
GNP Housing Financing GmbH
PNB Housing Finance Ltd., a housing finance company, is registered with the National Housing Bank (NHB). As one of the top ten financial companies in India, it is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
It is known as a wholly owned subsidiary of Punjab National Bank (PNB). The constant availability of loans and deposits is guaranteed to its customers by its strong network spread throughout the country.GNP Housing Financing GmbH
It is headquartered in New Delhi and is present in 60 locations through a network of 84 branches and 36 field offices. GNP Housing Financing GmbH
brings more than three decades of specialized experience in real estate financing and is preferred by customers for its simplicity and availability of financial services.
From offering home loans to companies and individuals to buy, improve or build housing, it is a reference company with the support of a bank.Loans are also granted for commercial spaces, against guarantees such as real estate, etc.
Housing Financing PNB Ltda. it also offers its customers time deposits with different maturities and different interest payment options directly or through an intermediary. The Channel Direct Sales (DST) team is managed by PNB Housing Finance Ltd.
To provide door-to-door service for your products.The company's homebuilding and mortgage lending businesses are also acquired through Direct Marketing Associates (DMA), Direct Sales Team (DST) and Digital Medium.
PNB's product portfolio for real estate finance includes:
- Hypothekendarlehen
- Loans without housing
- fixed rates
- property search
Diploma
Financial companies of all types have always had a tremendous impact on the economic growth of any country. These companies generally manage and administer products such as mutual funds, stocks, closed-end funds (CEF), insurance products, bonds, miscellaneous bank accounts, retirement accounts.
For example, there are consumer finance companies that provide small loans to people with bad credit against personal assets, and there are also commercial finance companies that help small businesses with loans that can be used to buy inventory and equipment.
Indian finance companies are also a great source of capital for manufacturing companies.If you are a person who wants to achieve more in life by buying a house or you need financial help for important life milestones, these top ten finance companies in India can act as your alma mater.
If you are a business or company looking to achieve higher grades and you have expansion in mind then home loans or other suitable loans can conveniently help you to achieve the same.
you might be interested
- Top 10 Tile Companies (Tile Brands) in India 2023
- Top 10 painting companies in India 2023
- Visualizing Data with Tableau in Business Analytics
- Top 10 chemical companies in India (2023)
- Top 10 Ayurvedic Companies in India (2023)
FAQs
List of top 10 financial companies in India (2023)? ›
Answer: Some of the top financial institutions in India include Bajaj Finance Limited, Tata Capital Financial Services Ltd, Aditya Birla Finance Ltd, L & T Finance Ltd, Muthoot Finance Ltd, Mahindra & Mahindra Financial Services Limited, HDB Financial Services, Power Finance Corporation Limited, Shriram Transport ...
Who is the No 1 finance company in India? ›Answer: Some of the top financial institutions in India include Bajaj Finance Limited, Tata Capital Financial Services Ltd, Aditya Birla Finance Ltd, L & T Finance Ltd, Muthoot Finance Ltd, Mahindra & Mahindra Financial Services Limited, HDB Financial Services, Power Finance Corporation Limited, Shriram Transport ...
What are the trends in financial industry 2023? ›Financial institutions embrace a more conservative strategy. More focus on innovation and automation. AI for financial services goes mainstream. Increased focus on compliance and consistent risk management.
What are the top 5 banking financial companies in India? ›- #1 HDFC BANK.
- #2 ICICI BANK.
- #3 SBI.
- #4 KOTAK MAHINDRA BANK.
- #5 AXIS BANK.
BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM).
Which finance company is growing fast in India? ›HDB Finance Services
The company operates through Lending Business and BPO Services segments. It is considered the fastest growing NBFC in India today.
| S.No. | Name | Div Yld % |
|---|---|---|
| 1. | HDFC Bank | 1.18 |
| 2. | ICICI Bank | 0.53 |
| 3. | St Bk of India | 1.93 |
| 4. | Axis Bank | 0.11 |
| Sr No | List Of Banks | Score |
|---|---|---|
| 1. | State Bank of India | AAA |
| 2. | Axis Bank | AAA |
| 3. | City Union Bank | A1+ |
| 4. | Canara Bank | AA+ |
- State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies. ...
- Punjab National Bank. Punjab National Bank (PNB) is a government-owned bank under the ownership of the Ministry of Finance. ...
- Union Bank of India. ...
- HDFC Bank. ...
- ICICI Bank. ...
- Kotak Bank. ...
- Bank of Baroda. ...
- Bank of India.
However, the financial sector in India is predominantly a banking sector with commercial banks accounting for more than 64% of the total assets held by the financial system.
What are the top 3 financial market? ›
- 1) New York Stock Exchange (NYSE), US – $22.77T.
- 2) NASDAQ, United States – $16.24T.
- 3) Shanghai Stock Exchange (SSE), China – $6.74T.
- 4) EURONEXT, Europe – $6.06T.
- 5) Japan Stock Exchange (JPX) – $5.38T.
The "Big Four" is the nickname for the four largest accounting firms in the United States, as measured by revenue. They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).
Which Big 4 is best for financial services? ›Which are the best Big 4 accounting firm? All the Big Four accounting firms have a great reputation globally. PwC is the largest based on its revenue and expansion. Deloitte also follows close behind PwC in terms of its revenue.
What are the top 5 sectors to invest in 2023? ›- Information Technology (IT)
- FMCG (Fast-moving consumer goods)
- Housing finance companies.
- Automobile Companies.
- Infrastructure.
- Bonus: Pharmaceuticals Stocks.
In the first half of 2023, the S&P 500 is expected to re-test the lows of 2022, but a pivot from the Fed could drive an asset recovery later in the year, pushing the S&P 500 to 4,200 by year-end.
What are the top financial risks for 2023? ›- China's reopening.
- Central banks overtighten.
- Ukraine war broadens.
- Mortgage shock.
- European energy crisis.
Gujarat International Finance Tec-City (GIFT City) is a business district currently under construction on the banks of the Sabarmati river in Gujarat state, India. It aims to be a 'smart city' for India's growing finance and technology sectors.
Which stock is likely to rise in India? ›| COMPANY NAME | NSE CODE | INDUSTRY |
|---|---|---|
| Bajaj Finance | BAJFINANCE | Finance (NBFC) |
| Britannia Industries | BRITANNIA | Packaged Food |
| Muthoot Finance | MUTHOOTFIN | Finance (NBFC) |
| Petronet LNG | PETRONET | Oil Marketing & Distribution |
Top Growth Stocks by EPS and Revenue
With a revenue rise of 74%, Wipro is the company that is expanding at the highest rate.
- MRF. Tyers & Rubber Products.
- Honeywell Automation India. Electronics-Instrumentation & Process Control Equipment.
- Page Industries. Innerwear & Athleisure.
- Shree Cement. Cement Manufacturing.
- 3M India. Industrial Equipment.
- Abbott India. Pharmaceutical.
- Nestle India. Food Products.
- Bajaj Finserv. Non-Banking Finance.
Which is no 1 share in India? ›
As of 17th January 2023, MRF Ltd is the most expensive stock in India, trading at Rs. 89,228.35. The company is a leading tyre manufacturer in India, producing a wide range of tyres.
Which company share is most profitable in India? ›| Company Name | Last Price | % Change |
|---|---|---|
| Reliance | 2,506.55 | 2.79 |
| ONGC | 163.60 | -1.62 |
| TCS | 3,329.00 | 1.04 |
| HDFC Bank | 1,615.50 | 0.37 |
The Lifestory Research 2022 America's Most Trusted® Bank Study found Chase the most trusted bank. The America's Most Trusted® Study is a large-scale survey of consumers in the United States that seeks to identify the brands that people trust the most within their respective industries.
Which is No 1 banking in India? ›HDFC Bank. HDFC Bank is the top bank in India with a market cap of ₹8.78 lakh crore.
Which bank is most successful in India? ›Central Bank of India is a public sector bank with assets of 3.69 trillion Indian rupees as of fiscal year 2021.
Which Indian bank is best for NRI? ›| Name of the Bank | NRE Deposit Interest rates below Rs. 2 crores | |
|---|---|---|
| HDFC Bank | 4.90% | 5.30% |
| ICICI Bank | 4.90% | 5.35% |
| Kotak Mahindra Bank | 4.60% | 4.50% |
| RBL Bank | 5.40% | 6.30% |
- ICICI Bank. Another significant Indian private sector bank with a reputation for offering international banking services is ICICI Bank. ...
- State Bank of India (SBI) ...
- HDFC Bank.
ICICI Bank has emerged as the 'Model Bank of the Year' at the Celent Model Bank Awards 2023. Celent is a marquee American research and advisory firm with clients across 70 countries. The 'Model Bank of the Year' is the top-honour at this reputed award ceremony.
Who is the king of Indian financial system? ›The correct answer is RBI. The Reserve Bank of India (RBI) is India's central bank and regulatory body under the jurisdiction of the Ministry of Finance, Government of India.
Which city is the financial hub of India? ›Mumbai is still very much India's economic capital, retaining stability and resilience amid economic flux with many international financial service conglomerates continuing to build headquarters in the city.
Which is the largest source of savings in India? ›
The largest contributor to the gross domestic savings of India is. the household sector.
Which financial market is most profitable? ›- The U.S. stock market is considered to offer the highest investment returns over time.
- Higher returns, however, come with higher risk.
- Stock prices typically are more volatile than bond prices.
- Stock prices over shorter time periods are more volatile than stock prices over longer time periods.
There are many kinds of financial markets, including (but not limited to) forex, money, stock, and bond markets. These markets may include assets or securities that are either listed on regulated exchanges or else trade over-the-counter (OTC).
Who are the biggest players in financial markets? ›In the primary market, there are four key players: corporations, institutions, investment banks, and public accounting firms. Institutions invest capital in corporations that seek to expand and grow their businesses, while corporations issue debt or equity to institutions in return for their capital investment.
What are Big 5 firms? ›Help improve lawinsider.com! We want to provide the best possible experience for our users. Let's do it! Big 5 Accounting Firm means any one of KPMG, PricewaterhouseCoopers, Ernst & Young, Deloitte or Grant Thornton or their respective affiliates in India; Sample 1.
Which Big 4 is hardest to get into? ›EY and PwC are harder to estimate. EY is the second biggest of the Big Four in terms of headcount, which lends credence to this claim in 2019 that their acceptance rate was approximately 3.5%, based on 69,000 global hires from 2,000,000 global applicants.
What is Big 4 in India? ›The Big Four – Deloitte, KPMG, EY (Ernst & Young), and PwC (PricewaterhouseCoopers) – started off as, and are still best known for, their accounting and audit services. Over the years, they have added several more professional services – like management consulting, corporate finance, legal services.
What is the salary of partner in Big 4 in India? ›Partner salary at KPMG India ranges between ₹ 55.0 Lakhs to ₹ 125.0 Lakhs. According to our estimates it is 774% more than the average Partner Salary in Accounting & Auditing Companies. Salary estimates are based on 31 latest salaries received from various employees of KPMG India.
Which Big 4 has the best reputation? ›A quick overview of the firms
PwC is the largest by revenue and the most prestigious of the Big Four with a strong and established audit client base. Deloitte is just a fraction smaller than PwC.
CBA is the biggest of the Big Four Banks by market capitalisation. It also has the highest market share in payment terminals and business transaction accounts.
Who is the queen of Indian financial market? ›
The correct answer is RBI.
Who is the biggest lender in India? ›HDFC Bank is the top bank in India with a market cap of ₹8.78 lakh crore.
Who is the highest finance authority in India? ›The Reserve Bank of India (RBI) is India's central bank and was established under the Reserve Bank of India Act in 1935. The primary purpose of RBI is to conduct the monetary policy and regulate and supervise the financial sector, most importantly the commercial banks and non-banking financial companies.
Which is the No 1 two wheeler finance company in India? ›| COMPANY | RATE OF INTEREST |
|---|---|
| Bajaj Finserv | Up to 35% p.a. |
| Saraswat Bank | 11.25% to 12% p.a. |
| Shriram Finance | 11.50% p.a. onwards |
| Tata Capital | 11.50% p.a. onwards |
Popularly known as the “Warren Buffett of India,” Rakesh Jhunjhunwala is one of the greatest stock market investors India has ever seen. Born on July 5, 1960, Rakesh Jhunjhunwala was a stock market veteran. His father was an Income Tax Officer.
Who is the god of share market in India? ›Rakesh Jhunjhunwala –Rakesh Jhunjhunwala is popularly known as Share Market King of India. In India, he was known as "The Big Bull" of the stock market and was one of the best investors in the country of all time. This is not only because his net worth is huge and as per August 2022, it was Rs.
Who is India's financial watchdog? ›The Comptroller and Auditor General (CAG) of India is the guardian of the public purse and controls the entire financial system of the country at both the levels – the Centre and the state.
Who is the top loan borrowers in India? ›Mehul Choksi promoted Gitanjali Gems Ltd is the top wilful defaulter in the list with Rs 7,110 crore of loans yet to be repaid. It is followed by Era Infra Engineering Ltd with Rs 5,879 crore as the amount owed to lenders, while Concast Steel and Power Ltd ranked third in the list with Rs 4,107 crores in overall dues.
Who has the biggest loan in the world? ›United States. The United States boasts both the world's biggest national debt in terms of dollar amount and its largest economy, which resolves to a debt-to GDP ratio of approximately 128.13%. The United States' government's spending exceeds its income most years, and the US has not had a budget surplus since 2001.
Which Indian states have highest loans? ›Punjab, Rajasthan, Kerala, West Bengal, Bihar, Andhra Pradesh, Jharkhand, Madhya Pradesh, Uttar Pradesh, and Haryana are the states with the highest debt burden in India. These 10 states account for around half of the total expenditure by all state governments in India.
Who controls finance in India? ›
The Controller General of Accounts (CGA), in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to Government of India and is responsible for establishing and maintaining a technically sound Management Accounting System.
Who controls finance company in India? ›As per RBI Act 1934, Reserve Bank of India (RBI) has the powers to regulate and control the Non-Banking Financial Companies.
Who controls money lender in India? ›According to Entry 30 of List II (i.e., the State List) of the Seventh Schedule to the Indian Constitution, the State Legislature has the exclusive authority to establish legislation governing money-lending businesses .
Which finance company is best to work in India? ›- EY. 3.9★ 70.4T. Reviews. 18.4T. ...
- Tata Consultancy Services. 3.9★ 1.3L. Reviews. 1.2L. Salaries. ...
- Amazon. 4.1★ 1.7L. Reviews. 41T. Salaries. ...
- Genpact. 4.0★ 19.9T. Reviews. 15T. Salaries. ...
- ICICI Bank. 3.7★ 11.4T. Reviews. 11.7T. Salaries. ...
- Wipro. 3.8★ 53.2T. Reviews. 45.5T. Salaries. ...
- KPMG. 3.8★ 55T. Reviews. 10.3T. Salaries. ...
- IBM. 4.2★ 1L. Reviews. 32.2T. Salaries.
- Wells Fargo. 3.7★ 45.5T. Reviews. 4.9T. Salaries. ...
- Goldman Sachs. 3.9★ 16.6T. Reviews. 4.8T. ...
- J.P. Morgan. 4.1★ 23.3T. Reviews. 7.3T. ...
- HSBC. 3.8★ 26.9T. Reviews. 5T. ...
- JPMorgan Chase & Co. 4.0★ 22.3T. Reviews. 3.1T. ...
- Fidelity Investments. 4.3★ 14.4T. Reviews. 2.4T. ...
- Morgan Stanley. 3.9★ 17.1T. Reviews. 3.2T. ...
- Société Générale. 3.7★ 10.8T. Reviews. 2.6T.
- Royal Enfield. Hunter 350. ₹ 1,49,900. Onwards. VS. ...
- Honda. SP 125. ₹ 85,862. Onwards. VS. ...
- Hero. Splendor Plus. ₹ 72,463. Onwards. ...
- Royal Enfield. Classic 350. ₹ 1,93,080. Onwards. ...
- Honda. Activa 6G. ₹ 76,826. Onwards. ...
- Royal Enfield. Bullet 350. ₹ 1,50,894. Onwards. ...
- TVS. Raider 125. ₹ 91,356. Onwards. ...
- Yamaha. R15 V4. ₹ 1,81,704. Onwards.