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HDFC Bank Limited (also known as HDFC) is a foreign majority owned, Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's sixth-largest bank by market capitalization as of January 2024, following its takeover of parent company HDFC .
The HDFC was established under the National Housing Act No. 37 of 1957 and it commenced operations in June 1984. The Housing Development Finance Corporation of Sri Lanka Act No. 7 of 1997 passed in the parliament of Sri Lanka. Under the act, the HDFC was established as a state-owned enterprise. The act was amended in 2003, allowing the HDFC to ...
HDFC Securities Ltd is the stock broking and distribution arm of the HDFC Group. It is a corporate member of both the Bombay Stock Exchange (BSE) and the National Stock exchange (NSE). In 2019, it entered into a partnership with Stockal, a US-based financial platform and launched GlobalInvesting.in, which allows its customers to directly invest ...
HDFC Life. HDFC Mutual Fund [7] HDFC Credila [8] Website. www.hdfc.com. Housing Development Finance Corporation was an Indian private sector mortgage lender based in Mumbai. [9] [10] It was the biggest housing finance company in India. [11] It also had a presence in banking, life and general insurance, asset management, venture capital and ...
Website. www .hdfcergo .com. HDFC ERGO General Insurance Company Limited is a 51:49 joint venture firm between HDFC and ERGO International AG, one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector. [2] The retail sector includes various products like health insurance, vehicle ...
Housing Development Fund Corporation or HDFC is a special type of limited equity housing cooperative in New York City [1] which is incorporated under Article XI of the New York State Private Housing Finance Law (PHFL) and the Business Corporation Law (BCL). [2] Under this law, the city of New York is able to sell buildings directly to tenant or ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Total equity. ₹12,990 crore (US$1.6 billion) [2] (2023) Parent. HDFC Bank (50.39%) [3] Website. www .hdfclife .com. HDFC Life Insurance Company Limited ( d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.