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Repco Home Finance Ltd. Company History and Annual Growth Details

The Company was incorporated under the Companies Act as a public limited company on April 4, 2000 with the name Repco Home Finance Limited. We received our certificate of commencement of business on May 2, 2000.

2000

-Incorporated as Repco Home Finance Limited :

2002

-Received certificate of registration from NHB

2003
Loan book crossed Rs1,000 million

2007
Opening of our 25th branch

2007
Investment by Carlyle

2007
Loan book crossed Rs 5,000 million

2009
Loan book crossed Rs 10 billion

2009
First branch outside the southern states opened in Pune, Maharashtra

2010
Rated "LA+ (stable)" by ICRA Limited.

2010

-Opening of our 50th branch

2011

-Rated "[ICRA]A+ (stable)" by ICRA Limited.

2012

-Opening of our 70th branch

2012

-Loan book crossed Rs30 billion

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.

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.

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.

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