About Us

About Hinduja Group

“My dharma (duty) is to work, so that I can give."Paramanand Deepchand
Parmanand Deepchand Hinduja (1901-1971)
Founder, The Hinduja Group

The Hinduja Group was founded by Parmanand Deepchand Hinduja in 1914. He was a foresighted visionary with strong business acumen. He had a keen eye for opportunities and capitalized on them.

He hailed from a Hindu family based in India and set up operations in the country. The Hinduja Group made its first international foray in Iran in 1919. Merchant Banking and Trade were the twin pillars of the business and remained headquartered in Iran, until the company moved to Europe in 1979.

With its pioneering and entrepreneurial spirit, the Hinduja group has expanded and diversified its businesses, along with significant philanthropic contributions, under the present leadership of Chairman, Srichand, ably supported by his brothers, Gopichand, Prakash and Ashok.

Presently, The Hinduja Group is a global conglomerate headquartered in London, United Kingdom. The Hinduja Group
takes pride in being one of the largest diversified groups in the world spanning all continents. It employs over 70,000 people and has offices in many key cities of the world and all the major cities in India, religiously adapting the work principle “Service with The foundation is devotion and willingness to see fulfillment of one’s self-interest in the active promotion of the interest of the collective.”

The Hinduja Group has always adapted to free-market reforms in tandem with the increasing new markets that have opened, and capitalising on new economy opportunities. As a result, the Hinduja Group has now strategically positioned itself to contribute to old economy sectors such as Banking & Finance, Transport, Energy (Oil & Power) as well as the new economy of Technology, Media and Telecom.
Firm adherents in traditional family values, they have all along striven to inculcate the family concept in their business enterprises.

Mutual trust, respect, cohesion and co-operation are emphasised as key organisational guidelines. At the same time, sound modern management practices are given primacy within individual companies of the Group and also at the corporate level.

Professionals are allocated independent charge of diversified activities. There is a high premium on healthy internal competition, incentives to executives and employees for outperforming one another, and appreciation of good performance.
The Group has, throughout its history, demonstrated a strong commitment to creating better understanding between the people and the governments of the world. Building amity and co-operation between their host country and their mother country, India, has been an article of faith.

Hinduja Housing Finance is a part of the Hinduja Leyland Finance (HLF) the financing arm of truck manufacturer Ashok Leyland, which provides a wide gamut of financial offerings. It also supports charitable and philanthropic activities across the world through the Hinduja Foundation.

About Group Philosophy

The Hinduja Group Hinduja Family,  has been conducting its business activities for over 100 years, across Asia, Europe and America. It has done so by following the example and inspiration of the Hinduja Group‘s Founder, Parmanand Deepchand Hinduja(1901-1971), and his strong belief that it was his ‘dharma (duty) to work, so that he can give’.

It was from Parmanand’s experiences, instinct and belief in the need to work hard so as to progress in life, both professionally in business and personally as a man with a growing family, that he developed his five guiding principles. These guiding principles are pivotal to how the Group and family conduct themselves in their business and personal lives.

It is the universality of these principles and how they can be applied in commerce, business management, philanthropic activities and one’s own personal life that have enabled them to last the test of time.

The duty to work diligently also carries the responsibility that one should give something back to others and society. In turn, hard work and success will earn one respect in business. That respect also requires one to be able to meet all of one’s commitments and only enter into agreements that one knows one can honour. And this should apply, whatever the economic conditions, whether it is growth or recession.

Hence the idea of word is a bond. This enables one to build trust and confidence with one’s stakeholders, including employees, customers and suppliers, where long term relationships could be developed for the benefit of everyone.

Following on from these two principles, the founder sought to seek new markets and products, enabling the Group to acquire geographical, product and industrial diversification. This led to the third abiding principle, act local, think global.

Simplistic in its ideal, but difficult in its application, the potential market is the whole world. There is always a customer for your goods and services, the challenge is to find that market, get your product to that market, offer it at a competitive price, and ultimately have a satisfied and loyal customer. One has to understand the needs of each local market as each market has different traditions and customs. Understanding them, recognising them and remaining sensitive to and respecting them will lead to business success.

Meeting such challenges can be risky but sharing this risk and its reward can bring real benefit. Partnership for growth builds on the principles of Act Local, Think Global and includes the idea of communication and working with others – both within and with other organisations. Only by doing these can organisations be flexible, look to the long term and innovate. It is by working with others, including your suppliers and customers, can one cut costs in the value chain and add to economic growth.

Working with others also recognises your own limitations and expertise, seeking the right partnerships can bring the necessary expertise and innovation, and in sharing you can exchange ideas and concepts with partners on the clear understanding that with shared risk there is shared reward.

The final principle, advance fearlessly, has as its base the other four principles. To grow your business takes time and effort, it involves risks and has setbacks as well as advances. However, with the founder and the Group, risks are fewer through partnerships, the trust and confidence of customers is higher as commitments are honoured, while respect has been earned, as the Hinduja Group has learnt to understand the different markets and cultures in which it operated. This allows the Group to advance fearlessly.

About Hinduja Housing Finance

Hinduja Housing Finance’s mission is to add value to all its stakeholders; viz; shareholders, customers, employees and society as a whole; and grow its business by adding value consistently. The management team is hand-picked for knowledge, strategy and innovation.

At a granular level, Hinduja Housing Finance stands for

  • Excellent care of customers using technology
  • SOPs across branches
  • Top-class risk management techniques
  • Empowered people who derive pride through achievement of results
  • Sustainable processes with responsibility for social values

Hinduja Housing Finance was incorporated in April 2015 as a subsidiary of Hinduja Leyland Finance, which is one of the leading NBFCs in vehicle finance. Its coveted parentage ensures Hinduja Housing Finance stands inspired by lofty ideals. Its values stem from its goals of becoming a preferred financier status and a one-stop for home finance needs.

Hinduja Housing Finance is part of the prestigious Hinduja Group, which is a diversified business group with a rich legacy spanning over 110 years. The Group enjoys a multinational presence, has business operations across continents spread across 10 verticals, supported by over 150,000+ people under its fold. Above all, the Group’s legacy ensures Hinduja Housing Finance stays in constant pursuit of transparency, aided by strong ethical principles.

Our Mission

Our Vision & Mission

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Mission

To grow our business on sound lines to create value for all our stakeholders; viz:shareholders, customers, employees and society as a whole.

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Vision

Hinduja Housing Finance aspires to be

An organization distinguished by :
  • Its use of technology to extend excellent customer service, standardize operating processes across its branches and exercise rigorous risk management practices across credit, operational and market risks.
  • Empowerment of its employees to deliver consistently superior business results with pride and sense of achievement.
  • Sustainable practices and corporate social responsibility aiming at financial inclusion.
  • A forerunner in the market place in terms of profitability, productivity and efficiency as measured by ROA, ROE, NIM, Cost to Income Ratio and Net NPAs.
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Values
“Your one-stop shop for your housing finance needs”

Built on the foundation of strong ethics, honesty and transperancy with all our stakeholders, we envision us to be the preferred financier for our customers, providing the best in class Housing Finance Company among the companies engaged in home financing.

HHF is governed by following values:

Trust :

To maintain a workplace characterized by widespread belief in the integrity, reliability, and ability of employees.

Customer Service :

To consider and understand the needs of the customer to facilitate the accomplishment of common goals.

Competence :

To maintain a workplace characterized by employees who have the skills and training to do their jobs.

Teamwork :

To encourage the use of teams to accomplish organizational goals and objectives.

Quality :

To promote an environment characterized by employees with a passion for excellence.

Honesty :

To always maintain the highest standards of credibility, sincerity and trustworthiness.

Respect :

To always treat people with the highest level of regard and dignity, recognizing the value of each individual.

Accountability :

To be responsible for and committed to, the timely delivery of quality services and solutions as individuals and teams.

Directors

Mr. S. Nagarajan 
Chairman - Hinduja Housing Finance
Executive Vice Chairman - Hinduja Leyland Finance

He has a strong finance background, he is highly qualified and comes with strong credentials. He is a Chartered Accountant and a member of the Institute of Chartered Accountants of India (“ICAI”). He is a Company Secretary and member of the Institute of Company Secretaries of India (“ICSI”).

He brings with him 40 years of rich experience in the Banking, Automobile and Financial Services industry. He was the Joint Managing Director of IndusInd Bank Limited for over three years. He started his career at Ashok Leyland Limited and grew to the position of Managing Director at Ashok Leyland Finance Limited (which subsequently merged with IndusInd Bank Limited) for several years. He is responsible for the management of our company’s day to day affairs, giving directions on policy related matters and monitoring their compliance.

Mr. Sachin Pillai
Managing Director and Chief Executive officer – Hinduja Leyland Finance Limited
Managing Director – Hinduja Housing Finance Limited

Sachin Pillai is the Managing Director & CEO of Hinduja Leyland Finance & Hinduja Housing Finance. He is been associated with India's banking & financial sector for more than two decades.

In the mid-nineties, post his Master's in Business Administration, he started his career as a Management Trainee with Ashok Leyland Finance. Subsequently, he has been part of Citigroup, HDFC Bank & Reliance Group. Today he has grown to lead one of the large NBFC of the country.

Over the years, Sachin has diversified his expertise into steering businesses across cycles, with a strong background of risk management, product development & organization building.

As a leader and self-sufficient innovator, Sachin is comfortable in any role from the executive boardroom to the frontline sales. He is a savvy negotiator known for healthy business development and relationship building skills. Sachin's innate ability to build & retain high-performance teams, including his strategically-selected executive management staff, has served as a growth catalyst.

Mr.Gopal Mahadevan
Director - Hinduja Housing Finance
Non-Executive Director - Hinduja Leyland Finance CFO & Whole-Time Director – Ashok Leyland Ltd

Mr. Gopal Mahadevan holds a B.Com from the University of Madras. He is also a Chartered Accountant and a member of the ICAI and is a qualified Company Secretary from the ICSI. Mr. Mahadevan has several years of experience across a variety of industries. He has worked in various capacities with the Thermax Group of companies. He was Executive Vice President and Chief Financial Officer, Thermax Limited besides having served as Director on the Board of various companies in the group. He has also worked with the Sanmar Group, Sify and Amara Raja Batteries in various financial functions.

Ms.Bhumika Batra
Independent Director - Hinduja Housing Finance

She holds a B.Com Degree from DAVV, Indore and a Bachelor’s Degree in Law from Symbiosis Society’s Law College. She is a member of the Bar Council of Maharashtra and Goa. She has 11 years of rich experience in the field of law and is currently an Associate Partner with Crawford Bayley & Co. She is also on the board of directors of various companies including Team Relocations India Private Limited, Master Voss India Private Limited, Kancor Ingredients Limited and Sharp India Limited.

Mr. Sundararajan G S S
Independent Director - Hinduja Housing Finance

G S Sundararajan is the Group Director at Shriram Group. Earlier, he was the CEO & Managing Director of Fullerton India Credit Company Ltd. He was also the Managing Director of Fullerton Enterprises Private Limited.

Mr. Sundararajan was nominated to the Boards of two Financial Services investments of Temasek in China, one in Nanjing for the SME Business and the other in Chengdu in their Village Bank franchise. He was an integral part of Temasek’s vision for India in the Banking and Financial Services space that went on to become the fastest growing and largest networked Finance Company in the country. Earlier to this, he was the Managing Director and Head of Citibank’s SME and Asset Based Finance business in India. He had an exceptional stint at Citibank where he built the SME and ABF business of the bank across the country.

Mr. Sundararajan was nominated to the Boards of two Financial Services investments of Temasek in China, one in Nanjing for the SME Business and the other in Chengdu in their Village Bank franchise. He was an integral part of Temasek’s vision for India in the Banking and Financial Services space that went on to become the fastest growing and largest networked Finance Company in the country. Earlier to this, he was the Managing Director and Head of Citibank’s SME and Asset Based Finance business in India. He had an exceptional stint at Citibank where he built the SME and ABF business of the bank across the country.

Senior Management Team

Chief Operating Officer – Mr. Vivek Kannan, is an Engineer by qualification and a certified six-sigma Black Belt. He brings with him more than 20 years of rich experience in the Finance domain across multiple organizations, including such as Citi, GE, Intelenet global services, Barclays, DHFL, and Motilal Oswal. He was instrumental in the launch of SBI debit cards and ATMs, and at Intelenet, he had implemented international collections practice. Barclays Retail Bank’s back-office operation was one of his crucial implementations. At Citi India, he had launched instant personal loans. He had also rolled out new cards platform and centralization of mortgage credit and operations.

Chief Financial Officer – Mr. Prateek Parekh, is a qualified B.E (Computer Engineer) and an IIM Lucknow Alumni. With over 15 years of experience in both Domestic and International Automobile, IT, and Finance industries. He was associated with TCS, Ashok Leyland Gulf Oil in India, and Hinduja Automotive in London.

Head-Business & Collection – Mr. Sandeep Pant, is an MBA graduate from MJPR University, seasoned finance professional with over 18 years of rich experience in sales and marketing in various products like LAP, Home Loans, Personal Loans, Cards, and Business Instalment Loans in Banking and NBFCs like ICICI Bank, Citi financial, Tata Capital and Yes Bank.

Head- Credit & Operations – Mr. Krishna Kumar, is a qualified ICWA, M.Com, PGDBA (Finance) from JAIIB & ACT. He brings over precious 23 years of underwriting experience in various products like LAP, Home Loans, Personal Loans, Business Instalment Loans, Working Capital, Medical & Office Equipment. His industry exposure includes brands like Deutsche Bank, Magma Housing Finance, Reliance Capital, HSBC Electronic Data Processing, IDBI, and American Express.

Head-Legal & Recovery – Mr. R. Venkatesh, is a Law Graduate from Madras University and holds an Executive PGDM from Symbiosis Institute of Management Studies. Passionate Legal & Recovery professional with rich experience in core-legal activities and litigation management. He has rich 19 years of experience with Standard Chartered, Citigroup, Tata Motors Finance, Jana Small Finance Bank and Kinara Capital.

Head-Human Resources – Mr. P.V. Solomon Kiran, Holding a Degree in Mathematics and Law, Masters in Business Management and Psychology and Diploma in Training & Development from ISTD. His 15 years of experience include working in brands like Reliance Life Insurance, ICICI Lombard, Softpath System, and Cholamandalam MS General Insurance. A Seasoned HR Professional, expertise in Strategic People Management, Business Partnering, Talent Management, Employee engagement, employment laws, and HR Compliance.