Annual Report 2013 of HDB Financial Services Limited

It is a broadly described annual report of HDB Financial Services Limited in the year of 2013. The Company posted total income and the net profit of Rupee. 963.19 Crores and Rupee. 102.45 Crores respectively for the financial year ended 31^st March 2013 as against Rupee. 431.76 Crores and Rupee. 51.11 Crores respectively in the previous year. Loan disbursements during the year were Rupee. 5922 Crores as against Rupee. 3385 Crores in the previous year. Closing cash & cash equivalents include a fixed deposit of Rupee. 6.81 Crore & Previous year Rupee. 4.55 Crore, earmarked for assignment/ securitization transaction.

In order to conserve resources and in view of long-term capital requirement, your directors do not recommend any dividend.

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