Reliance Consumer Finance marked the entry of Reliance Capital Ltd into consumer finance segment.

PRLog (Press Release) – Oct 13, 2008 – Reliance Consumer Finance marked the entry of Reliance Capital Ltd – one of India’s fastest growing private sector financial companies, into the ever expanding consumer finance segment. Reliance Capital has spread its tentacles further in the financial services by foraying into the lending business in May 2007.

Reliance Capital Ltd, a part of the Reliance - Anil Dhirubhai Ambani Group, ranks among the top three private sector financial services and banking companies, in terms of net worth and has interests in asset management and mutual funds, life and general insurance, private equity and proprietary investments, stock broking and other activities in financial services.

Reliance Capital is headed by Sam Ghosh, Group CEO, who has completed his BSC (Hons) and ACA. He has a vast work experience of over 20 years in the field of finance.

K V Srinivasan, the Deputy CEO of Reliance Consumer Finance heads the consumer finance business. He is qualified as ACA and ACS with a Post Graduate Diploma in Management from IIM-Ahmedabad and has two decades of multi-disciplinary experience in the consulting and financial sectors.

At Reliance Consumer Finance we boast of a full suite of loan products –
•   Home Loans    
•   Loans Against Property
•   Commercial Property Loans
•   SME Loans
•   Car Loans
•   Commercial Vehicle Loans
•   Construction Equipment Loans
•   Loan Against Securities
•   Personal Loans
•   Microfinance

We are the fastest growing non-banking financial company and have plans to grow stronger by the day. We are headquartered in Mumbai and our expanding branch network of over 40 offices and over 20 locations with a large family of channel partners associated with each branch.

Reliance Consumer Finance derives its confidence to enable consumers fulfill their dreams from the strong heritage of the group it belongs to – Reliance Anil Dhirubhai Ambani Group. A group that boasts of enviable market capitalization and net worth figures.  A group that is diversified into several businesses with a presence across thousands of towns and lakhs of villages in India and the five continents of the world. Not to forget the customer base of over 50 million.

The group’s goal is not to just build a great enterprise for its stakeholders, but more importantly, to satisfy the demands of an emerging India.