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ICICI Bank Ltd



ICICI Bank is the second largest bank in india.  Bhartiya Samruddhi Finance Ltd., apart from term loans and retail banking,  has done its first securitization deal for Rs 42.1 million (US$ 957,000) with ICICI Bank in the year 2003.

HDFC Bank Ltd.


The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry in 1994.   BSFL enjoys the whole set of banking services with HDFC Bank viz..Term Loans, Cash Credit Limit, Securitization, Retail Banking Services, Cash Management Services.



SIDBI Foundation for Micro Credit (SFMC) was launched by the Bank in January 1999 for channelising funds to the poor in line with the success of pilot phase of Micro Credit Scheme. SFMC’s mission is to create a national network of strong, viable and sustainable Micro Finance Institutions (MFIs) from the informal and formal financial sector to provide micro finance services to the poor, especially women.  BSFL enjoyed credit facilities as well as Capacity Building assistance from SIDBI for some of the new interventions taken up.



Catholic Organisation for Relief and Development AID ( CORDAID) was established in 1997 in netherlands.The Dutch Catholic Development Organization Cordaid (Catholic Organization for Relief and Development Aid) serves all aspects of development cooperation: emergency aid, structural poverty alleviation and health care, working closely together with local organizations. BSFL has received the first loan from Cordaid in 1999.

Standard Chartered Bank


The Standard Chartered Group was formed in 1969 through a merger of The Standard Bank of British South Africa and the Chartered Bank of India, Australia and China. Both the banks are committed to building a sustainable business through social inclusion, environmental protection and good governance.  BSFL started its relation with Standard Chartered Bank with a term loan. 



Citibank has been providing banking services in India since 1902. Citibank is one of the largest consumer finance lenders in the world. BSFL has obtained term loans from Citi Bank and apart from that, there is a partnership tie up with Citi Bank with respect to the Urban portfolio.

Corporation Bank


Established in the year 1906, Corporation Bank is regarded as one of the well-run banks in the comity of Public Sector Banks in the country. The Bank has a unique history of 100 years of successful Banking and has stood the test of time by growing steadily.  BSFL has started its relationship with Corporation Bank in the year 2006 through term loan.



Axis Bank, formerly known as UTI Bank, has started its operations in 1994.  The Bank has a very wide network of more than 608 branch offices and Extension Counters.  BSFL has a long standing relationship with Axis Bank both interms of retail banking and credit facilities.



IDBI was set up under an Act of Parliament as a wholly-owned subsidiary of Reserve Bank of India in July 1964. In February 1976, the ownership of IDBI was transferred to Government of India. BSFL has term loan relationship from IDBI Banks.

Development Credit Bank


Development Credit Bank (DCB) is one of the emerging private sector banks in India and has 80 state-of-the-art branches and extension counters spread over ten states and two union territories.  BSFL has started its relation with DCB with term loans and now apart from the term loans, we have moved to portfolio buy outs.


ABN Amro Bank



Algemene Bank Netherland (ABN), and Amsterdam-Rotterdam (Amro) Bank have  merged In 1991 to form ABN AMRO Bank.  BSFL has a long standing relation ship with ABN Amro Bank and has raised bulk of its term loans at competitive rates.

ING Vysya Bank Ltd

ING Vysya Bank Ltd., is an entity formed with the coming together of erstwhile, Vysya Bank Ltd, a premier bank in the Indian Private Sector.  Apart from the credit facilities from the bank, BSFL deals with ING Vysya Bank for the retail banking.


Housing Development Finance Corporation Ltd. (HDFC Limited)

HDFC was incorporated in 1977 with the primary objective of meeting a social need – that of promoting home ownership by providing long-term finance to households for their housing needs.  HDFC Ltd, apart from being equity investor in BSFL has also extended credit facilities to BSFL through unsecured loans.

Development International Desjardins, Canada

Developpement International Desjardins (DID) is a component of the Desjardins Group, the largest integrated cooperative financial group in Canada.  DID has been providing supoport for the creation, development and strengthening of financial institutions and is now present in 20 countires.  BSFL received its first loan from DID in the year of 2000.