In addition to our registered and corporate office and research and training wing in New Delhi, we have 21 regional offices and 11 development offices, giving us a presence in the capital city of each State (except for Gujarat and Andhra Pradesh, where we have an office in Ahmedabad and Vijaywada, respectively), the major city of three Union territories and in other cities in two States.
Our regional offices are responsible for developing business and are able to sanction loans up to a certain limit. Our development offices are also responsible for developing business but they are not permitted to sanction loans. We believe our pan-India presence has enabled us to develop strong relationships with State Governments and their agencies.
Registered and Corporate Office: Our Registered and Corporate Office is located at Hudco Bhawan, India Habitat Centre, Lodhi Road, New Delhi 100 003, India.
Training and Research Wing: Our training and research wing (HSMI) is located in New Delhi. We neither own nor lease this property. For details, see the risk factor referenced in the above paragraph.
Regional Offices: We have 21 regional offices, which are located in the following cities: Ahmedabad; Bengaluru; Bhopal; Bhubaneswar; Chandigarh; Chennai; Delhi (NCR); Dehradun; Guwahati; Hyderabad; Jaipur; Jammu; Kolkata; Kohima; Lucknow; Mumbai; Patna; Raipur; Ranchi; Thiruvananthapuram; and Vijaywada.
Development Offices: We have 11 development offices, which are located in the following cities: Agartala; Aizwal; Gangtok; Goa; Imphal; Itanagar; Kokrajhar; Puducherry; Port Blair; Shillong; and Shimla.