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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.
HDFC international Life & Re offers reinsurance on treaty and facultative basis As part of proportional reinsurance, it provides ‘quota share’ and/or ‘surplus’ for individual and group life policies as well as credit life policies. The reinsurance company also provides to its cedents customised insuretech platforms. [1]
As of February 2024[update], the largest ever acquisition was the 1999 takeover of Mannesmannby Vodafone Airtouch plcat $183 billion ($334.7 billion adjusted for inflation). AT&Tappears in these lists the most times with five entries, for a combined transaction value of $311.4 billion.
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 ...
The distribution network of HDFC Ltd., which consists of 737 locations and includes 214 offices of HDFC Sales Private Limited, has been integrated into the network of the Bank. HDFC Bank is the sole private bank operating in the union territory of Lakshadweep after opening a branch in Kavaratti island. Products and services
Hasmukhbhai Parekh. Hasmukh Thakordas Parekh (10 March 1911 – 18 November 1994) was an Indian financial entrepreneur, writer and philanthropist. He played a role in the development of Industrial Credit & Investment Corporation of India, now ICICI Bank, founded the Housing Development Finance Corporation, and in 1992 was awarded the Padma ...
Exide Life Insurance Company Limited was an Indian life insurance company. Exide Life Insurance distributed its products through multiple channels. The agency channel consisted of over 40,000 advisors who were attached to over 200 company offices across the country. [2] The company had over 15 lakh (1.5 million) customers and managed over INR ...
ITC Limited. ITC Limited is an Indian conglomerate company, headquartered in Kolkata. [9] It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. [10] It generates a plurality of its revenue from tobacco products. [11]
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