REPCO HOME FINANCE LIMITED(RHFL)
A Housing Finance Company promoted by Repco Bank, with present ownership being 37% of Paid-up equity capital of the company,as on 31.03.2017. RHFL is a professionally managed housing finance company head quartered in Chennai, Tamil Nadu. It is incorporated in April 2000 and registered as a housing finance company with the National Housing Bank (NHB). The mission of RHFL has been totranslate into reality the aspirations of people to own a house by covering the market -existing and potential- comprehensively through institutional credit support customized to suit individual needs in a transparent and ethical way. RHFL is a listed and actively traded company in Indian bourses.
REPCO MICRO FINANCE LIMITED (RMFL)
(Formerly REPCO MSME DEVELOPMENT & FINANCE LIMITED) A Micro Finance Company promoted by Repco Bank, with present ownership being 68% of Paid-up equity capital of the company, as on 31.03.2017. Repco Micro FinanceLimited (RMFL) incorporated in the year 2007 as Repco MSME Development & Finance Ltd and registered as NBFC with Reserve Bank of India in year 2010. Later it was classified as NBFC-MFI in December 2013.The main objective of the company is to assist the poor women for their upliftment, promoting entrepreneurship and providing micro credit/ finance in different loan cycle at reasonable rates of interest.
Repco Foundation for Micro Credit (RFMC), an NGO promoted by Repco Bank was registered, under Companies Act 2013 (Section 8). It is a non-profit entity formed for extending supporting services to SHGs financed by the Bank/RMFL solely with a view to increase the income level and eventually to reduce poverty and for empowering poor women and men. The company has made encouraging progress in this field and has done an appreciable job in promoting quality of human life in rural areas mainly through women empowerment and inclusive credit operations.