Excellent care of customers
using technology
Standard Operating Procedures
across branches
Top-class risk management
techniques
Empowering people who derive
pride through achievement
of results
Sustainable processes with
responsibility for social values
“My dharma (duty) is to work, so that I can give."
Parmanand Deepchand Hinduja (1901-1971)
Founder, The Hinduja Group
The Hinduja Group was founded by Parmanand Deepchand Hinduja in 1914. He was a foresighted visionary with strong business acumen. He had a keen eye for opportunities and capitalized on them.
He hailed from a Hindu family based in India and set up operations in the country. The Hinduja Group made its first international foray in Iran in 1919. Merchant Banking and Trade were the twin pillars of the business and remained headquartered in Iran, until the company moved to Europe in 1979.
With its pioneering and entrepreneurial spirit, the Hinduja group has expanded and diversified its businesses, along with significant philanthropic contributions, under the present leadership of Chairman, Srichand, ably supported by his brothers, Gopichand, Prakash and Ashok.
Presently, The Hinduja Group is a global conglomerate headquartered in London, United Kingdom. The Hinduja Group takes pride in being one of the largest diversified groups in the world spanning all continents. It employs over 250,000+ people and has offices in many key cities of the world and all the major cities in India, religiously adapting the work principle “Service with a foundation is devotion and willingness to see fulfillment of one’s self-interest in the active promotion of the interest of the collective.”
The Hinduja Group has always adapted to free-market reforms in tandem with the increasing new markets that have opened, and capitalising on new economy opportunities. As a result, the Hinduja Group has now strategically positioned itself to contribute to old economy sectors such as Banking & Finance, Transport, Energy (Oil & Power) as well as the new economy of Technology, Media and Telecom. The Group adheres to traditional values, and they have all along striven to inculcate the family concept in their business enterprises.
Mutual trust, respect, cohesion and co-operation are emphasised as key organisational guidelines. At the same time, sound modern management practices are given primacy within individual companies of the Group and also at the corporate level.
Professionals are allocated independent charge of diversified activities. There is a high premium on healthy internal competition, incentives to executives and employees for outperforming one another, and appreciation of good performance.
The Group has, throughout its history, demonstrated a strong commitment to creating better understanding between the people and the governments of the world. Building amity and co-operation between their host country and their mother country, India, has been an article of faith.
Hinduja Housing Finance is a part of the Hinduja Leyland Finance (HLF) the financing arm of truck manufacturer Ashok Leyland, which provides a wide gamut of financial offerings. It also supports charitable and philanthropic activities across the world through the Hinduja Foundation.
The Hinduja Group Family, has been conducting its business activities for over 100 years, across Asia, Europe and America. It has done so by following the example and inspiration of the Hinduja Group‘s Founder, Parmanand Deepchand Hinduja(1901-1971), and his strong belief that it was his ‘dharma (duty) to work, so that he can give’.
It was from Parmanand’s experiences, instinct and belief in the need to work hard so as to progress in life, both professionally in business and personally as a man with a growing family, that he developed his five guiding principles. These guiding principles are pivotal to how the Group and family conduct themselves in their business and personal lives.
It is the universality of these principles and how they can be applied in commerce, business management, philanthropic activities and one’s own personal life that have enabled them to last the test of time.
The duty to work diligently also carries the responsibility that one should give something back to others and society. In turn, hard work and success will Earn one, respect in business. That respect also requires one to be able to meet all of one’s commitments and only enter into agreements that one knows one can honour. And this should apply, whatever the economic conditions, whether it is growth or recession.
Hence the idea of word is a bond. This enables one to build trust and confidence with one’s stakeholders, including employees, customers and suppliers, where long term relationships could be developed for the benefit of everyone.
Following on from these two principles, the founder sought to seek new markets and products, enabling the Group to acquire geographical, product and industrial diversification. This led to the third abiding principle, act local, think global.
Simplistic in its ideal, but difficult in its application, the potential market is the whole world. There is always a customer for your goods and services, the challenge is to find that market, get your product to that market, offer it at a competitive price, and ultimately have a satisfied and loyal customer. One has to understand the needs of each local market as each market has different traditions and customs. Understanding them, recognising them and remaining sensitive to and respecting them will lead to business success.
Meeting such challenges can be risky but sharing this risk and its reward can bring real benefit. Partnership for growth builds on the principles of Act Local, Think Global and includes the idea of communication and working with others – both within and with other organisations. Only by doing these can organisations be flexible, look to the long term and innovate. It is by working with others, including your suppliers and customers, can one cut costs in the value chain and add to economic growth.
Working with others also recognises your own limitations and expertise, seeking the right partnerships can bring the necessary expertise and innovation, and in sharing you can exchange ideas and concepts with partners on the clear understanding that with shared risk there is shared reward.
The final principle, advance fearlessly, has as its base the other four principles. To grow your business takes time and effort, it involves risks and has setbacks as well as advances. However, with the founder and the Group, risks are fewer through partnerships, the trust and confidence of customers is higher as commitments are honoured, while respect has been earned, as the Hinduja Group has learnt to understand the different markets and cultures in which it operated. This allows the Group to advance fearlessly.
Hinduja Housing Finance’s mission is to add value to all its stakeholders; viz; shareholders, customers, employees and society as a whole; and grow its business by adding value consistently. The management team is hand-picked for knowledge, strategy and innovation.
At a granular level, Hinduja Housing Finance stands for
Hinduja Housing Finance was incorporated in April 2015 as a subsidiary of Hinduja Leyland Finance, which is one of the leading NBFCs in vehicle finance. Its coveted parentage ensures Hinduja Housing Finance stand inspired by lofty ideals. Its values stem from its goals of becoming a preferred financier and a one-stop for home finance needs.
Hinduja Housing Finance is part of the prestigious Hinduja Group, which is a diversified business group with a rich legacy spanning over 110 years. The Group enjoys a multinational presence, has business operations across continents spread across 10 verticals, supported by over 150,000+ people under its fold. Above all, the Group’s legacy ensures Hinduja Housing Finance stays in constant pursuit of transparency, aided by strong ethical principles.
To grow our business on sound lines to create value for all our stakeholders; viz:shareholders, customers, employees and society as a whole.
Built on the foundation of strong ethics, honesty and transperancy with all our stakeholders, we envision us to be the preferred financier for our customers, providing the best in class Housing Finance Company among the companies engaged in housing finance.
To maintain a workplace characterized by widespread belief in the integrity, reliability, and ability of employees.
To consider and understand the needs of the customer to facilitate the accomplishment of common goals.
To maintain a workplace characterized by employees who have the skills and training to do their jobs.
To encourage the use of teams to accomplish organizational goals and objectives.
To promote an environment characterized by employees with a passion for excellence.
To always maintain the highest standards of credibility, sincerity and trustworthiness.
To always treat people with the highest level of regard and dignity, recognizing the value of each individual.
To be responsible for and committed to, the timely delivery of quality services and solutions as individuals and teams.
Mr. Dheeraj G Hinduja
Mr. Dheeraj Gopichand Hinduja holds a B.Sc. (Hons) degree in Economics & History from the University College, London, 1993.
He has completed his Master’s in Business Administration with specialization in Project Management from the Imperial College, London University, 1994.
Dheeraj is a third-generation member of the Hinduja Family, which owns and controls the Hinduja Group, with diversified business interests all over the world.
Employing over 100,000 people, the Hinduja Group’s portfolio includes businesses in Automotive, Energy, Infrastructure, Finance & Banking, IT & ITES, Media, Healthcare etc. Dheeraj has over 20 years of experience at strategic and leadership levels across the spectrum of businesses.
Mr. Sachin Pillai
He has been associated with India's banking & financial sector for more than three decades. He holds a bachelor's degree in business administration in marketing from Sardar Patel University and a master's degree in business administration from Chakravarti Rajagopalachari Institute of Management. With extensive experience in financial services, he has been instrumental in establishing and implementing strategic initiatives focused on business development, identifying growth opportunities, analyzing market trends, and leveraging data-driven insights for decision-making. Before joining the Company, he held leadership roles at Reliance Capital Limited as Executive Vice President and Group Business Head and at HDFC Bank Limited as Vice President. Over the years, Sachin has diversified his expertise into steering businesses across cycles, with a strong background of risk management, product development & organization building.
Ms. Manju Agarwal
She holds a bachelor’s and a master’s degree in arts from the University of Allahabad. She is also a Certified Associate of the Indian Institute of Bankers. Ms. Manju Agarwal has experience of over 34 years in the banking sector. She was the deputy managing director (digital banking and new businesses) of State Bank of India, wherein she was responsible for rolling out new digital initiatives in the bank, debit card strategies, acquiring business, transit solutions, transaction banking business and government business. She has also held the post of the deputy managing director and chief operating officer, corporate office.
Mr. Sundararajan G S
G S Sundararajan is the Group Director at Shriram Group. Earlier, he was the CEO & Managing Director of Fullerton India Credit Company Ltd. He was also the Managing Director of Fullerton Enterprises Private Limited.
Mr. Sundararajan was nominated to the Boards of two Financial Services investments of Temasek in China, one in Nanjing for the SME Business and the other in Chengdu in their Village Bank franchise. He was an integral part of Temasek’s vision for India in the Banking and Financial Services space that went on to become the fastest growing and largest networked Finance Company in the country. Earlier to this, he was the Managing Director and Head of Citibank’s SME and Asset Based Finance business in India. He had an exceptional stint at Citibank where he built the SME and ABF business of the bank across the country.
Mr. Parthasarathy
Mr. Parthasarathy has experience of over 40 years in the financial services sector. He was a part of the Senior Management Team (Pre – Board Committee) of IndusInd Bank Limited, wherein he was heading the Consumer Finance Division (CFD) which became significant contributor to Top line and Bottom line of the Bank. Precedent to that, he was the executive director and Head of Business in Ashok Leyland Finance Limited. Mr. S. V Parthasarathy is a Qualified Chartered Accountant from the Institute of Chartered Accountants of India.
Ms.Bhumika Batra
She holds a B.Com Degree from DAVV, Indore and a Bachelor’s Degree in Law from Symbiosis Society’s Law College. She is a member of the Bar Council of Maharashtra and Goa. She has 11 years of rich experience in the field of law and is currently an Associate Partner with Crawford Bayley & Co. She is also on the board of directors of various companies including Team Relocations India Private Limited, Master Voss India Private Limited, Kancor Ingredients Limited and Sharp India Limited.
Mr. Sudip Basu
Mr. Sudip Basu is the Group Head-Risk for Hinduja Group. Mr. Basu comes with more than four decades of experience of which 21 years were with Citibank, 19 years of Mr. Basu’s experience has been in Risk Management, where he had handled diverse client segments. His risk experience covers a whole range of Asset Classes including Commercial vehicles, Real Estate, Financial Assets and Unsecured Cash Flow lending. He has worked in India, Singapore & Hong Kong and handled Pan-Asia portfolio. Prior to financial services, Mr. Basu has spent 10 years in the Automotive sector with Tata Motors, Bajaj Auto and managed Suzuki’s distributor in Muscat, Oman. Mr. Basu is a mechanical engineer from IIT Kharagpur with a PGDM in Marketing and Finance from IIM-Bangalore.
Chief Operating Officer – Vivek Kannan is an engineer by qualification and a certified Six Sigma Black Belt. He brings more than 25 years of experience in the finance industry. His expertise spans banking operations, process excellence, credit and collections management, retail and corporate lending, digital transformation, and back-office operations. He has held key leadership roles at Citi, GE, Intelenet Global Services, Barclays, DHFL, and Motilal Oswal.
Chief Financial Officer – Mohit Bafna is a qualified Chartered Accountant and a commerce graduate with over 11 years of experience across audit and assurance, financial management, treasury, accounting, taxation, regulatory compliance, and strategic finance. Prior to joining the Company, he worked with Deloitte Haskins & Sells and Mohan Mutha Exports Pvt. Ltd.
Head – Sales & Collections – Sandeep Pant is an MBA graduate from MJPR University and a finance professional with over 20 years of experience in sales and marketing across products such as Loan Against Property (LAP), Home Loans, Personal Loans, Cards, and Business Instalment Loans. He has worked with leading banking and NBFC institutions, including ICICI Bank, CitiFinancial, Tata Capital, and Yes Bank.
Head – Human Resources – P.V. Solomon Kiran holds a Ph.D. in HR Management/Personnel Administration, degrees in Mathematics and Law, master's degrees in Business Management and Psychology, and a Diploma in Training & Development from ISTD. He has over 20 years of experience across strategic people management, business partnering, talent management, employee engagement, employment laws, and HR compliance. Prior to joining the Company, he worked with Reliance Life Insurance, ICICI Lombard, Softpath System, and Cholamandalam MS General Insurance.
Chief Risk Officer – Sadheesh Kumar holds a Master's Degree in Engineering from CEG, Anna University and is an alumnus of the PGDM programme at IIM Lucknow. He has over 20 years of experience spanning the engineering and NBFC sectors, with expertise in retail finance, corporate finance, and enterprise risk management. Prior to joining the Company, he worked with L&T Finance, BSNL, and Hinduja Leyland Finance.
Company Secretary – Srinivas Rangarajan acquired his Company Secretaryship from The Institute of Company Secretaries of India and holds a B.Com. degree from Madras Christian College. He has over a decade of experience in the finance and manufacturing industries and has previously worked at Shiksha Finance and Hinduja Leyland Finance.
Chief Compliance Officer – R. Venkatasubramanian holds a Bachelor's degree in Commerce from the University of Madras and is a Company Secretary from The Institute of Company Secretaries of India. He has over 16 years of experience in compliance management, secretarial functions, and corporate governance. Prior to joining the Company, he was associated with Sundaram Home Finance as Company Secretary and Compliance Officer. He has also worked with S.M.I.L.E. Microfinance Limited and Laurus Edutech.
Head – Internal Audit – Thomas Raj is a CA Intermediate and a commerce graduate from Christ (Deemed to be University), Bengaluru. He brings over 18 years of experience across risk-based internal audits, risk management, audit framework optimisation, vigilance and investigations, taxation, financial and statutory audits, income-tax assessments, and process improvement initiatives. Prior to joining the Company, he was associated with Vistaar Financial Services and Sunil Fernandes & Associates, Chartered Accountants.
National Manager – Technical – Suranjit Dutta holds an M.Sc. from the University of Madras and brings more than 21 years of experience in the banking and finance industries. His professional background includes tenures at Fullerton India, Edelweiss, ICICI Bank, Aadhaar Housing Finance, and Magma Housing Finance.
Head – Corporate Business Legal – Jyothi Sharma holds an LL.B. from Chaudhary Charan Singh University and has over 17 years of legal advisory experience in the finance industry. Her prior roles include positions at Indiabulls Housing Finance, BSL, and as a Panel Lawyer for the Supreme Court of India.
Head – Customer Service – Arthi Krishnamurthi holds an MBA in Marketing and Finance from ITM, affiliated with New Hampshire University, London. She has 27 years of experience in retail banking across assets, liabilities, service operations, customer satisfaction, and regulatory compliance. Her professional journey includes leadership roles at HDFC Bank Ltd., Citicorp Finance, Cholamandalam Finance and Service Ltd., and Equitas.
Head – IT – Stalin Irudhayaraj holds an M.Tech. from PRIST University and brings close to two decades of experience in IT development and support. He previously held positions at Lakshmi Vilas Bank, Software Paradigms Infotech, and Easy Design Systems.