HDFC stands for Housing Development Finance Corporation. It is a term related to Banking, Useful Terms and Definitions which we use in daily life but we do not know their full name, Here’s a list of important abbreviations that you should know.
| Acronym | Full Form |
| HDFC | Housing Development Finance Corporation |
| Category | Banking |
| Region | India |
What is full form of HDFC?
The full form of HDFC is the Housing Development Finance Corporation.
HDFC is a reputable Indian housing finance institution, providing mainly home loans to middle and low class citizens to buy homes and builders for construction projects. Its main goal is to increase the housing stock by systematically financing housing and increasing the ownership of houses in the country.
The company is owned by Indian rulers of the housing finance sector and is headquartered in Mumbai, India. It has an extensive distribution network with 427 interconnected branches. It also has three branches that provide Home Loan services in Singapore, London and Dubai. HDFC was one of the first to obtain RBI approval to establish a private sector bank as part of the RBI’s 1994 liberalization of the Indian banking sector.
In order to strengthen their core business, they have diversified in the areas of:
Banking
Insurance (life and general)
Asset management
Property
Venture capital and much more.
Genesis and profile of HDFC Sp.
HDFC Ltd. is an Indian financial corporation headquartered in Mumbai, India. It has a distribution network of 589 offices spread across several cities across India.
In addition, they have three representative offices in Dubai, London and Singapore, offering loans to Indian Non Resident Indian (NRI) and people of Indian descent.
Key personnel at HDFC Ltd.
Chairman: Deepak S. Parekh
Vice-chairman and CEO: Mr. Keki M. Mistry
Managing Director: Ms Renu Sud Karnad
Executive Director: Mr. V. Srinivasa Rangan
Independent Directors: Mr. Nasser Munjee, Mrs. Ireena Vittal, Dr. Bhaskar Ghosh, Mr. Jalaj Ashwin Dani, Mr. U.K. Sinha, Dr. J.J. Irani
Here you learn the full name and complete information of Housing Development Finance Corporation, if you have questions and answers related to HDFC, then tell us your thoughts in the comment, know the complete meaning of HDFC in this article.
The full form of HDFC is Housing Development Finance Corporation. It is a development finance institution that was founded by Mr. H.T. Parekha in 1977. The main activity of the company is housing loans for individuals and enterprises. In order to strengthen their core business, they have diversified in the areas of:
What does HDFC mean? HDFC Bank, originally known as Housing Development Finance Corporation (HDFC), is a banking and financial services company based in Mumbai, India. “HDFC”. Full forms.
HDFC has a long and diverse list of subsidiaries that offer a wide variety of credit products, banking services and insurance services. Some of the popular HDFC subsidiaries are listed below: On October 17, 1977, HDFC was founded as a limited liability company. He was promoted by Industrial Credit and Investment Corporation of India.
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