DSP Finance

DSP Finance Private Limited is the non-banking financial company (NBFC) arm of the DSP Group, an Indian financial services firm with a legacy dating back to the 1860s. The company was incorporated on May 13, 1996, and operates under the leadership of the Kothari family, with Hemendra Kothari as the founder of the modern DSP group. Aditi Kothari Desai, his daughter, serves as Chairperson.

The firm provides fully digital lending solutions, primarily focusing on loans against securities. Its core products include loans against mutual funds and structured lending, with plans to introduce loans against shares. This service allows retail investors to borrow against their financial assets, such as mutual fund holdings, through a seamless online process that takes minutes from application to disbursement. The business model centers on providing credit facilities with affordable interest rates and flexible repayment options, where clients can pay only the interest monthly and the principal at the end of the tenure. The company operates in the Indian financial market, leveraging technology to offer accessible credit to a broad customer base.

DSP Finance is part of the larger DSP Group, which began as a stockbroking business and had a founding member on the Bombay Stock Exchange. Over the decades, the group expanded into investment banking and asset management, forming key partnerships with global firms like Merrill Lynch and BlackRock before re-establishing itself as a family-owned, professionally managed entity. DSP Finance Private Limited was previously known as DSP Investment Managers Private Limited.

Keywords: digital lending, loan against securities, loan against mutual funds, structured lending, NBFC, financial services, retail lending, secured loans, fintech, investment-backed loans, asset-backed lending, credit facility, flexible repayment, online loans, wealth management, DSP Group, Hemendra Kothari, Aditi Kothari Desai, Indian finance