Repco Home Finance Ltd
Repco Home Finance Ltd Company History
Repco Home Finance is primarily engaged in the business of lending housing loans and loan against property to individual customers.
2000
Incorporated as Repco Home Finance Limited :
2000
2002
Received certificate of registration from NHB
2002
2003
Loan book crossed Rs1,000 million
2003
2007
Opening of our 25th branch
Investment by Carlyle
Loan book crossed Rs 5,000 million
2007
2009
Loan book crossed Rs 10 billion
First branch outside the southern states opened in Pune, Maharashtra
2009
2010
Rated "LA+ (stable)" by ICRA Limited.
Opening of our 50th branch
2010
2011
Rated "[ICRA]A+ (stable)" by ICRA Limited.
2011
2012
Opening of our 70th branch
Loan book crossed Rs30 billion
2012
2013
Repco Home Finance Ltd has proposed a dividend of 11% on the entire paid up capital of the Company.
Mr. B. Anand and Mr. Iqbal Singh Chahal have been appointed as Additional Directors of the Company.
The Credit ratings of the Company have been upgraded to ICRA AA- from ICRA A+.
K. K. Pathak as an Additional Director of the Company.
2013
2014
The Company has recommended dividend of Rs. 1.20 per share of Rs. 10 each (i.e. 12%).
The Reserve Bank of India has given its approval to housing finance company, Repco Home Finance to raise its foreign shareholding to 49 per cent.
2014
2019
Company has entered into a Corporate agency agreement with M/s. Kotak Mahindra General Insurance Company Limited and M/s. Kotak Mahindra Life Insurance Company Limited for the purpose of distribution of their insurance products.
2019
