Fedbank Financial Services Ltd
Fedbank Financial Services Ltd Company History
Fedbank Financial Services Is Engaged In Financial Services And Non-Financial Services.
2007
Commenced business of distribution of housing loans, home equity mortgage loans, personal car loans and personal loans for the Promoter
2007
2010
Received license to operate as an NBFC from the RBI
2010
2011
Commenced the business of distribution of gold loans
2011
2012
Commenced the business of medium ticket LAP
2012
2015
Loan book of our Company crossed ? 5,000 million
Crossed 100 branches
Commenced the business of construction finance offering
2015
2016
Net worth of our Company crossed ? 2,000 million
2016
2017
Commenced business of small ticket LAP and structured finance products
Loan book of our Company crossed ? 10,000 million
2017
2018
Commenced business of distribution of unsecured business loans
Received investment of ? 1,686.00 million by True North
2018
2019
Crossed 200 branches
Net worth of our Company crossed ? 5,000 million;
Loan book of our Company crossed ? 30,000 million
2019
2020
Crossed 300 branches
Maiden Subordinated liabilities issuance of ? 2,500 million
Initiated digital transformation journey
Loan book of our Company crossed ? 40,000 million
2020
2021
Crossed 500 branches
Net worth of our Company crossed ? 10,000 million
Started operations o f door-step gold loans
Loan book of our Company crossed ? 50,000 million
Shifted the registered office of the Company from Aluva, Kerala to Mumbai, Maharashtra
2021
2022
Crossed 550 branches
Net worth of our Company crossed ? 13,000 million
Loan book of our Company crossed ? 70,000 million
Door-step gold loans AUM crossed ?1,000 million
Credit rating of our Company was upgraded from AA- to AA by CARE Ratings Limited
2022
2023
Net worth of our Company crossed ? 13,500 million
Loan book of our Company crossed ? 80,000 million
Issuance of MLD amounting to ? 2,000 million
Issuance of subordinated debt of ? 2,000 million
2023
