NBFCs does vital role in Indian financial system, They are providing financial services, products like personal loans, housing loans, gold loans, insurance, and loans for purchasing of commercial vehicles, machinery, and various equipment. They assess their customer’s profile by their credit worthiness.

Listed below top 50 NBFCs list based on their 2017 turnover

Top 50 NBFCs’ Ranking Based on Annual Turnover
NBFCs List Total Income (Rs Cr) Rank
Power Finance Corporation Limited 27018.57 1
Rural Electrification Corporation Limited 24095.35 2
Shriram Transport Finance Company Limited 10830.61 3
Bajaj Finance Limited 10003.31 4
Indian Railway Finance Corporation Limited 9047.66 5
Mahindra & Mahindra Financial Services Limited 6237.54 6
Muthoot Finance Limited 5746.7 7
HDB Financial Services Limited 5714.54 8
Cholamandalam Investment and Finance Company Limited 4660.35 9
Shriram City Union Finance Limited 4434.53 10
Tata Capital Financial Services Limited 4192.4 11
Family Credit Limited 4144.97 12
IFCI Limited 4006.64 13
India Infrastructure Finance Company Limited 3902.64 14
Aditya Birla Finance Limited 3426 15
Manappuram Finance Limited 3008.43 16
Kotak Mahindra Prime Limited 2922.148 17
Capital First Limited 2726.85 18
L&T Infrastructure Finance Company Limited 2678.471 19
Religare Finvest Limited 2569.426 20
Sundaram Finance Limited 2458.29 21
IL&FS Financial Services Limited 2346.46 22
SREI Infrastructure Finance Limited 2299.62 23
India Infoline Finance Limited 2264.22 24
Reliance Capital Limited 2071 25
Magma Fincorp Limited 2022.05 26
Tata Motors Finance Limited 1900.615 27
ICICI Securities Primary Dealership Limited 1627.14 28
Hinduja Leyland Finance Limited 1486.31 29
Indian Renewable Energy Development Agency Limited 1481.671 30
Ujjivan Financial Services Limited 1397.6 31
PTC India Financial Services Limited 1351.88 32
Bajaj Holdings & Investment Limited 888.43 33
JM Financial Credit Solutions Limited 788.36 34
Satin Creditcare Network Limited 776.67 35
Kotak Mahindra Investments Limited 761.7 36
IndoStar Capital Finance Limited 719.917 37
STCI Primary Dealer Limited 602.66 38
SBI DFHI Limited 602.554 39
Axis Finance Limited 575.6 40
PNB Gilts Limited 500.54 41
Edelweiss Finance & Investments Limited 450.47 42
Tata Motors Finance Solutions Limited 434.083 43
STCI Finance Limited 421.96 44
Indiabulls Commercial Credit Limited 408.598 45
Credila Financial Services Private Limited 391.81 46
L&T Infra Debt Fund Limited 346.235 47
Muthoot Capital Services Limited 284.2 48
Tata Investment Corporation Limited 271.37 49
Vistaar Financial Services Private Limited 271.17 50