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HDBFS is a Non-Banking Finance Company (NBFC) classified as an ‘Upper Layer’ entity by RBI and is a subsidiary of HDFC Bank.
It operates in enterprise lending, asset finance, and consumer finance, catering largely to underserved and underbanked segments.
As of June 30, 2025, the company had 1,771 branches across 1,166 cities and towns, with over 70% of its network in Tier-4 and smaller markets
