HINDUJA LEYLAND FINANCE LIMITED
Hinduja Leyland Finance Limited (HLF), incorporated in 2008 and commencing operations in 2010, was promoted as a captive financier by Ashok Leyland, the flagship automobile manufacturing company of the Hinduja Group. Over time, HLF expanded its financing offerings beyond Ashok Leyland vehicles to include two- and three-wheelers, tractors, and construction equipment. In fiscal 2015, HLF forayed into the loan against property (LAP) segment. The company has been actively acquiring portfolios over the past two years to diversify its product profile and enhance its net interest margin.