Company Overview
Indus Finance Ltd (IFL) formerly known as Subuthi Finance Limited (SFL) is a Non Banking financial Company registered with Reserve Bank of India with 2 decades of successful track record. The company was promoted by Mr. K V BALA in the year 1992. Since then IFL has travelled a long journey in the changing economic scenario particularly under the country's reform in the financial sector under liberalized atmosphere. IFL withstood the ups and downs witnessed in the financial sector the world over with its net worth intact. Established in 1992 under the provisions of Indian Companies Act, 1956 IFCL commenced its commercial operations in 1994 as a Leasing and Hire Purchase Company. Besides this core activity, IFL in 1994 also obtained, Category III Merchant Bankers License from Securities and Exchange Board of India [SEBI] which was subsequently surrendered based on RBI guidelines. Presently the company is primarily engaged in the business of lending.