Rishab Financial Services is a non-banking financial company registered as a category 'B' company with the Reserve Bank of India (RBI). It was incorporated as a private limited company on October 10, 1990 and was converted into a public limited company on March 31, 1995. It was earlier known as Madan Financial Services, it acquired its present name with effect from September 09, 2008.
The registered office of the company is located at Hanwat Complex, Old No. 58, Govindappa Naicken Street, 1st floor, Chennai- 600001, Tamil Nadu.
Business area of the company:
The company is engaged in providing loans, life and general insurance, and trading in equity shares. Income is generated mainly as interest and from the recovery process of funds disbursed earlier.