The demand for financial services has skyrocketed in recent years in Pune. Its financial landscape has evolved, with several top-notch finance companies contributing to its growth. These companies offer a diverse range of financial products and services, ensuring that the city’s residents have access to the best financial solutions. In this article, we will explore the top finance companies in Pune that have been instrumental in shaping the city’s financial landscape.
See also: Top fintech companies in Pune
Business landscape in Pune
Finance companies have defined the city’s business landscape, fostering entrepreneurship, supporting startups with crucial funding and powering the growth of Pune’s manufacturing and industrial sectors through customised financial solutions. They play a pivotal role in the city’s real estate expansion by providing construction loans and facilitating property investments. They also facilitate Pune’s technological evolution by funding digital transformation projects and providing essential resources to the thriving IT and tech sectors.
Top finance companies in Pune
Barclays
Location- Kharadi, Pune- 411014
Industry- Banking and lending
Founded in- 1896
Barclays is an international banking and lending institution. It reaches its audience around the globe with multiple branches and offices. It provides a wide range of financial services, including banking, lending, investment banking and wealth management.
Citi
Location- North Koregaon Park Main Road, Pune – 411001
Industry- Â Investment and asset management
Founded in- 1812
Citi is a global financial services company. Its financial services have a presence in 160 countries and 100 currencies. Its clients include famous names from the industries, sectors, businesses and governments.
HSBC
Location- Bund Garden Road, Pune- 411011
Industry- Banking and lending
Founded in- 1865
HSBC Holdings is one of the world’s largest banking groups. Its subsidiaries are throughout Europe, the Americas, Hong Kong, Asia, the Middle East, and Africa. It has around 7,500 locations in more than 80 countries. It specialises in consumer and commercial banking, credit cards, private banking, investment banking, and leasing.
Credit Suisse
Location- Kharadi, Pune- 411014
Industry- Investment and asset management
Founded in- 1856
Credit Suisse is a wealth management company with a strong global presence in investment and banking capabilities. It delivers holistic financial solutions, innovative products and advice. It also provides wide-ranging training and development opportunities.
BNY Mellon
Location- Hadapsar Pune- 411028
Industry- Investment and asset management
Founded in- 1784
BNY Mellon stands for The Bank of New York Mellon Corporation. It is an American investment banking services holding company. Among its primary offerings are asset servicing solutions encompassing custody, fund accounting, transfer agency and middle-office services. It extends wealth management services to high-net-worth individuals and families, encompassing investment management, financial planning and estate planning.
FIS
Location-Â Wireless Colony, Aundh, Pune- 412105
Industry- Financial Transaction Processing
Founded in- 1968
FIS is a financial services technology company. It provides software, services, and outsourcing of the technology that empowers the financial world. Its main areas of focus include payments, asset and wealth management, risk and compliance and outsourcing solutions. It also focuses on retail and institutional banking.
Deutsche Bank
Location- Main ITI Road, Aundh, Pune- 411007
Industry- Banking & Lending
Founded in- 1870
Deutsche Bank is a German bank. It has a strong global presence. It focuses on a newly created corporate bank, a leading private bank, a focused investment bank and asset management. It offers banking services to organisations, governments, institutional investors, small and medium-sized businesses, and citizens.
UBS
Location- Commerzone Yerwada, Pune- 411006
Industry- Investment & Asset Management
Founded in- 1862
UBS Group AG is one of the world’s largest and most prominent financial institutions, providing a wide range of services in the banking and wealth management sectors. It offers wealth management services to high-net-worth individuals and institutional clients. It is a major player in the investment banking sector, offering services such as mergers and acquisitions (M&A), capital markets and advisory services to corporate clients.
Mastercard
Location- Yerwada, Pune- 411006
Industry- Financial Transaction Processing
Founded in- 1966
Mastercard is a global financial services company that operates through a network of financial institutions, merchants and businesses that accept Mastercard payments. Its core business revolves around facilitating electronic transactions, including credit card and debit card payments, across the globe.
ICICI Bank
Location- Pancard Club Road in Baner, Pune- 411011
Industry- Banking & Lending
Founded in- 1955
Leading private sector bank is ICICI Bank. It provides a variety of financial services, including retail and corporate banking, insurance and investment solutions. It specialises in banking services, commercial banking, investment banking and wealth management, consumer lending, credit cards, and digital banking.
State Street Syntel
Industry- IT
Location- Shivajinagar, Pune, Maharashtra 411005
Founded in – 2004
A leading global provider of business-focused integrated digital services and products, State Street Syntel provides expertise in industries including financial and bank services, and health care. Healthcare is an affiliate of State Street Corporation. State Street Syntel assists clients in navigating the difficulties of the digital era with an emphasis on innovation and efficiency.
Citicorp
Industry- Financial services
Location- Kharadi, Pune, Maharashtra 411014
Founded in – 1812
Citicorp is a significant part of Citigroup which is a key international financial organisation. Among other financial and banking businesses, it includes wealth management, financial planning, retail and business banking. Citicorp, a significant participant in the financial industry, has been established since the 19th century and has operations all over the world.
Citco
Industry- Financial services
Location-Kharadi, Pune, Maharashtra 411014
Founded in – 1948
Citco, referred to as The Citco Group or simply Citco is a multinational financial services firm based in Amsterdam, Netherlands. Citco offers a wide array of economic and managerial assistance services such as fund handling, corporate service and trust service with presence in over 40 countries across the globe.
Northern Trust Operating Services
Industry- Financial services
Location- Kharadi, Pune, Maharashtra 411014
Founded in – 1889
An international provider of financial services, Northern Trust Operating Services is based in Chicago, Illinois. The company offers asset management, finance and financial solutions globally. With a global presence and a commitment to innovation, it plays a crucial role in helping financial institutions streamline their operations and enhance their client services.
Crisil
Industry- Financial services
Location- Shivajinagar, Pune, Maharashtra 411005
Founded in – 1987
Credit Rating Information Services of India Limited, or CRISIL, is a well-known global analytical firm with its headquarters in Mumbai. It specialises in offering credit ratings, research and consulting services for risk and policy. The creditworthiness of businesses, governments and financial organisations is assessed and evaluated by CRISIL, which helps investors make wise choices regarding investments.
IIFL Finance
Industry- Financial services
Location- Sadashiv Peth, Pune, Maharashtra 411030
Founded in – 1995
One of India’s top NBFCs is IIFL Finance, which is a component of the India Infoline Group. It provides a vast array of financial goods and services, such as personal loans, gold loans, house loans and asset management. The mission of IIFL Finance, which has a significant national footprint, is to give clients easily accessible financial solutions.
Aditya Birla Finance
Industry- Financial services
Location- near Chaturshrungi, Pune, Maharashtra 411016
Founded in – 1991
Aditya Birla Capital includes Aditya Birla Finance, which is a major NBFC in India. It offers various types of financial services which include financing, wealth management asset management among others. Aditya Birla Finance has a significant presence all throughout India and is renowned for its client-focused philosophy and financial knowledge.
L&T Finance
Industry- Financial services
Location- Shivajinagar, Pune, Maharashtra 411005
Founded in – 2008
Leading non-banking financial institution in India is L&T Finance Holdings Limited. It is a division of Larsen & Toubro and provides loans, estate planning and investment options, among other financial services. L&T Finance is renowned for its committed facilitation of financial growth and success, strong customer-centric attitude and broad product line.
Commercial real estate in Pune
Property financing: Finance companies provide loans and financing options for the purchase of commercial real estate properties. Whether it is an office building, retail space or industrial facility, these institutions offer tailored loans with competitive interest rates and repayment terms.
Construction and development loans: Finance companies offer construction loans to developers, providing the necessary capital to build office complexes, shopping centres and industrial parks.
Lease financing: Finance companies also provide lease financing options for businesses looking to lease commercial properties.
Refinancing and equity release: Finance companies offer refinancing options for property owners looking to unlock equity in their commercial real estate assets.
Investment syndication: Some finance companies facilitate investment syndication, where multiple investors pool their resources to invest in commercial real estate projects.
Risk mitigation: Finance companies often provide risk management and insurance solutions for commercial real estate investments, which includes coverage for property damage, liability and other unforeseen risks.
Due diligence and valuation services: Finance companies may offer due diligence and property valuation services, which are crucial for both buyers and sellers to assess the market value and condition of commercial properties.
Regulatory compliance: Finance companies assist clients in navigating these regulations and ensuring compliance with local laws and regulations when acquiring or developing commercial properties.
Impact of finance companies
Finance companies provide access to capital through loans and financing options, they drive property transactions and stimulate investment in the sector, contributing to its expansion. This support for property development leads to economic growth, job creation and increased economic activity in Pune. Finance companies in Pune also enable investment diversification and risk mitigation by offering various avenues for real estate investment and risk management solutions.
FAQs
Who are the best investment & asset management employers in Pune?
The highest-rated investment and asset management employers include Citi, Credit Suisse, and BNY Mellon.
What are the top finance companies in Pune?
Some of the top finance companies in Pune include ICICI Bank, BNY Mellon, FIS, Deutsche Bank, UBS and Mastercard.
What services do these finance companies offer in Pune?
These finance companies offer a wide range of services, including banking- savings accounts, loans, credit cards, insurance, investment products, wealth management and specialised financial solutions such as housing finance and consumer loans.
How can I contact these finance companies in Pune?
You can typically contact these finance companies in Pune through their official websites, where you can find contact information for specific branches or customer service. They also have physical branch locations in the city.
What is the reputation of finance companies in Pune in terms of customer service?
Finance companies in Pune are generally known for their customer-centric approach and efficient customer service. Many of them have invested in digital banking and customer support to provide a seamless experience to their clients.
Do these finance companies offer investment services for individuals in Pune?
Yes, many of these finance companies provide investment services, including mutual funds, stocks, fixed-income securities and wealth management, to individuals in Pune looking to grow their wealth.
Can businesses in Pune access financing for their expansion and operations through these finance companies?
Absolutely. Pune-based businesses can access various financing options, including working capital loans, commercial real estate loans and trade finance services, through these finance companies to support their growth and operations.
What is the role of finance companies in Pune's economic development?
Finance companies play a crucial role in Pune's economic development by providing the necessary financial infrastructure and support for businesses and individuals to thrive, invest and manage their finances effectively.
Are there any finance companies in Pune that focus on supporting startups and small businesses?
Yes, many finance companies offer financial products and services tailored to the needs of startups and small businesses in Pune, including business loans, venture capital and customised financial solutions.
How can I keep up with the newest products and services offered by these Pune financing companies?
To be informed about the newest products and services, you can regularly visit the official websites of these finance companies or subscribe to their newsletters and announcements for updates on new products and promotions in Pune.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
