Page 22 - Banking Finance May 2025

PRESS RELEASE

Capital India Finance Limited Lists on National Stock Exchange (NSE)

Capital India Finance Limited, a Non-Banking Financial Company, is pleased to announce its listing on the National Stock
Exchange of India Limited (“NSE”), effective the 17th of April 2025. This strategic move marks a significant milestone in
the Company’s growth journey and reflects its commitment to enhancing long term shareholder value and increasing
accessibility for a broader investor base. Capital India Finance Limited’s equity shares, currently listed on the BSE, are
now also available for trading on the NSE under the same ticker symbol CIFL.
72.95 percent of CIFL’s equity is held by Capital India Corp Private Limited (CICPL). CICPL is a Core Investment Company
registered with the RBI and is promoted by Mr. Sumit K. Narvar. Mr. Narvar is a first-generation entrepreneur, who has
mentored and built businesses in Fintech and Financial services space along with development of residential and
commercial real estate projects majorly in North and Western part of India. CIFL has strategic Investments from Dharampal
Satyapal (DS) Group, RJ Corp Group, DLF Group and Sudhir Power Limited.
"We are delighted to take this important step of listing CIFL on the NSE. This dual listing will provide broader visibility
amongst a larger investor base, improve market participation, and open new avenues for growth and capital access"
says Sumit K. Narvar, Group Chairman & Managing Director, Capital India Corp Private Limited (Promoter, Capital India
Finance Limited). "In the last 2 years, CIFL has undertaken a number of strategic measures to enhance Corporate
Governance, Business efficiency and building trust & long-term growth for the investors. Listing on NSE shows our
commitment to this ethos.”
CIFL has consistently demonstrated strong financial performance and operational excellence, offering a diverse range of
lending and financial services products to individuals, SMEs, and corporate clients across India. The NSE listing is expected
to further reinforce the Company’s reputation and credibility in the financial markets.
“The listing marks a significant milestone in our journey and reaffirms our commitment to transparency for our investors
and partners. It also positions us strategically for the next phase of sustained growth. We remain steadfast in our focus
on building a strong, resilient and future ready financial institution”, Mr. Narvar adds. CIFL’s shares are listed under the
'Normal Market' segment, and trading is set to commence from the 17th of April, 2025.

HDFC Bank was adjudged ‘India’s Best for HNW’ at Euromoney
Private Banking Awards 2025

HDFC Bank, India’s leading private sector bank, was adjudged as ‘India’s Best for HNW’ at the Euromoney Private Banking
Awards 2025. The awards were organized by Euromoney magazine.
On its website, Euromoney writes, “HDFC Bank continues to build momentum in India’s high net-worth (HNW) segment
via its flagship Imperia programme, a premium service that offers personalised wealth solutions. At the heart of this
offering is a model where wealth relationship managers collaborate closely with bank specialists to deliver tailored
investment and banking support.”

Euromoney further writes, “In the digital space, the bank recently introduced the SmartWealth platform, an investment
service aimed at expanding coverage to the mass-affluent segment. This mobile platform provides clients with the ability
to track portfolios, execute investments and access goal-based investment recommendations. By integrating gamification
and an intuitive user experience, SmartWealth democratises access to the bank’s research capabilities, empowering a
broader client base to make informed financial decisions independently.”
Euromoney’s Private Banking Awards is the distinguished annual awards programme of the worldwide private banking
and wealth management industry. For over 20 years, the programme has recognised the private banks of distinction
across key categories. This includes high to ultra-high net worth, family office services, succession planning, digital services,
discretionary portfolio management, sustainability and more.

20 | 2025 | MAY | BANKING FINANCE