Incorporated in 2006, Delhi-based Indiabulls Commercial Credit Limited (ICCL) is a non-deposit-taking NBFC. It is a 100% subsidiary of Indiabulls Housing Finance Limited (IHFL), which itself rules as one of the largest housing finance companies in India. The company is also a notified financial institution under the SARFAESI Act. The company's primary focus is on long-term secured mortgage-backed loans. The offerings of the company can be categorized as: Retail mortgage loans to self-employed individuals, proprietorships, and small businesses Corporate mortgage loans to developers of residential projects The customers of the company include salaried and self-employed individuals and small and medium businesses. As per the financial data 31/03/22, the company has a Total Assets of Rs. 13144 Crore, Total Borrowings of Rs. 8079 , Total Revenue of Rs. 1842 Crore and Total Profit after Tax of Rs. 508 Crore.
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