In this article we are going to know HDFC full form
Find The HDFC Full Form
What Is The Full Form Of HDFC?
The Full Form Of HDFC is the Housing Development Finance Corporation.
Find The Meaning Of HDFC
What Is The Meaning Of HDFC?
The Meaning Of HDFC,
The housing development Finance Corporation (HDFC) was amongst the primary to receive an ‘In Principle’ approval from the RBI to line up a bank within the private sector, as a part of the RBI’s development of the Indian banking system in 1994.
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Find The Abbreviation Of Housing Development Finance Corporation.
What Is The Abbreviation Of Housing Development Finance Corporation?
The Abbreviation Of Housing Development Finance Corporation Is HDFC.
HDFC stands for Housing Development Finance Corporation. It is a renowned housing finance corporation of India which mainly provides housing loans to low and middle-class people to buy house and builders for the residential projects. Its primary objective is to improve the residential housing stock through the provision of Housing Finance in a systematic way and to enhance homeownership in the country.
The corporation is one of the leaders in the Indian housing finance market. Its headquarters is in Mumbai, India. As of July 2017, Aditya Puri is the MD & CEO of HDFC bank. It has an extensive distribution network comprised of 427 interconnected offices. It also has three representative offices in London, Dubai, and Singapore to offer Home Loan products.
HDFC has a long and diverse list of subsidiaries to provide a wide range of loan products, banking services, and insurance services.
Some of the popular subsidiaries of HDFC are listed below:
HDFC Bank Ltd
HDFC Developers Ltd
HDFC Investments Ltd
HDFC Holdings Ltd
HDFC Trustee Company Ltd
HDFC Realty Ltd
HDFC Property Ventures Ltd
HDFC Venture Capital Ltd
HDFC Ergo General Insurance Company Ltd
HDFC Standard Life Insurance Company Ltd
Frequently Asked Questions:
Who is owner of HDFC Bank?
Aditya Puri (Sep 1994–)
Who is the HR of HDFC Bank?
Is HDFC Bank government or private?
HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai. It has 104154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private-sector moneylender by assets. It is the largest bank in India by market capitalization as of March 2020.
Is HDFC international bank?
It is an Indian bank that is predominantly owned by foreign institutional investors. There is no foreign manager in the bank. Although FIIs hold most of the shares, they are doing not have any representation on the board nor do they need any say. The promoter of the bank – HDFC Ltd is additionally an Indian institution.
What is the salary of HDFC Bank PO?
HDFC Bank Salaries
Sales Executive salaries – 16 salaries reported ₹12,684/mo
Sales Officer salaries – 16 salaries reported ₹13,228/mo
Manager salaries – 16 salaries reported ₹56,147/mo
Credit Manager salaries – 14 salaries reported ₹40,365/mo
What is mean by HDFC?
The Development Finance Corporation (HDFC) was amongst the primary to receive an ‘In Principle’ approval from the Federal Reserve Bank of India (RBI) to line up a bank within the private sector, as a part of the RBI’s liberalization of the Indian banking system in 1994.
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