Shubham Housing Development Finance – Social Impact through Financial Inclusion

Case Code: FINC206
Case Length: 18 Pages
Period: 2011-2022
Pub Date: 2023
Teaching Note: Available

Price: Rs.400
Organization: Shubham Housing Development Finance Ltd
Industry: Banking
Countries: India
Themes: Financial Institutions, Financing,

Abstract Case Intro 1 Case Intro 2 Excerpts

About Shubham

Shubham was incorporated in 2010 and received the HFC license from the National Housing Bank in January 2011. It was started by Sanjay Chaturvedi (Chaturvedi) and Ajay Oak (Oak) who were bankers, with initial investment or Rs.50 million . Chaturvedi had worked in Citibank, HSBC, GE Consumer Finance, and Reliance Retail in India. He had also worked in the UAE in the First Gulf Bank. Before starting Shubham, he was involved in setting up a lending and payments business for Reliance Retail..

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