1988
Obtained the National Housing Bank (NHB) licence for loans and deposits
Commenced operations
1994
Crossed ₹ 100 crores in loan portfolio
2003
Notified under SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest) Act
2006
Crossed ₹ 1,000 crores in loan portfolio
2009
Destimoney Enterprises Limited (DEL) acquired 26% stake in the Company
2010
Launched business process re-engineering project, ‘Kshitij’
2011
New brand positioning with refurbished, elegant, convenient and secure offices
Robust and scalable target operating model (TOM) implementation commenced
2012
DEL raised stake from 26% to 49% through conversion of compulsory convertible debentures (CCD)
2014
PAT crossed ₹ 100 crores
Portfolio crossed ₹ 10,000 crores
2015
Implemented end-to-end Enterprise System Solution
DEL acquired by Quality Investment Holdings (QIH) of the Carlyle Group
2016
Listed on Indian stock exchanges through IPO; raised ₹ 3,000 crores
AUM crossed ₹ 25,000 crores
Target operating model (TOM) fully implemented
2017
Crossed ₹ 50,000 crores in AUM
Crossed ₹ 10,000 crores in deposits
Certified as a ‘Great Place to Work’ by building a ‘High Trust, High Performance Culture’
Incorporated a wholly owned subsidiary, PHFL Home Loans and Services Limited
2018
Included in the MSCI Global Small Cap Index
Certified as a ‘Great Place to Work’ for the second year in a row
Recognised as ‘Best BFSI Brand’ by Economic Times
2019
Carrying the Saksham ethos forward, the Pehel Foundation was incorporated as the dedicated CSR vehicle of the Company
Crossed ₹ 15,000 crores in deposits
Opened a deposits-only branch in Fort, Mumbai
2020
Received ISO 27001:2013 certification, one of the highest security standards in India
Became the first HFC to sign a funding of US$75 million via external commercial borrowings from Japan International Corporation Agency (JICA)
Launch of ACE – fully digital onboarding platform with 28% retail business logins
2021
Included in MSCI ESG Indexes
